China Business, Culture and Politics – Outlook 2015 – Keep An Eye On Alibaba, Xiaomi, WeChat, Consumers + Xi

In 2014 the Chinese economy surpassed the American economy as the world’s largest (as measured by purchasing power parity) Alibaba went public and established itself as perhaps the largest and most important e-commerce and technology company in the world, “China’s Super Consumers” changed the face of China and the world with their massive spending power and President Xi established a muscular China presence on the world stage.
Source: Markets