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China is still an economic powerhouse, despite the fact that its growth is slowing.
The country’s economy grew 6.2 percent in the second quarter, down from 6.4 percent the period before. It’s the slowest pace since 1992, and a dramatic decrease from a dozen years ago, when growth was 14.2 percent. However, a January research report from eMarketer projected China will overtake the U.S. as the world’s biggest retail market this year. That’s why it remains vital that brands connect with the country, especially at the digital level.