low-cost

While PDD's Chinese e-commerce platform, Pinduoduo, has become popular because of its focus on low-cost and heavily discounted products, a growing number of rivals have been adopting similar strategies, triggering a price war.

She said she set up the academy to provide low-cost, "detailed technical coaching" to give children "the opportunities that I never had".

German manufacturers that require low-cost margins may struggle, says Mr Ley, but he believes there is hope for high-quality products with innovative features that rely on world-class engineering and intellectual property.

Singapore Airlines and its low-cost carrier Scoot have similarly cancelled some flights — though Singapore’s airport website shows that other flights to and from Bali have continued to run on Wednesday.

Spirit is a low-cost airline, based in Florida, which flies throughout the United States, Caribbean and Latin America.