Thank you for sharing!

Your article was successfully shared with the contacts you provided.

According to the World Bank, China now boasts a Gross Domestic Product (GDP) of $9.24 trillion, which is second only to the $16.8 trillion GDP of the United States. And while China’s annual economic growth has slowed from double digits to 7.4 percent, that rate is far better than the -2.9 percent growth (i.e. decline) of the U.S. for the first quarter of 2014. It is therefore no wonder that more and more U.S. companies are seeking to tap into China’s burgeoning market and its enormous customer base of 1.357 billion people.

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2017 ALM Media Properties, LLC. All Rights Reserved.