New China: Burgeoning purchasing power of Chinese shapes global economy

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A shop assistant settles articles at a purchase center of imported goods in Shijiazhuang,capital of north China’s Hebei Province,April 8,2016.China changed the tax rules on online retail goods from April 8 to level the playing field for e-commerce platforms and traditional retailers and importers. Movies made in the United States benefited the most from this fast growing demand for films:Chinese box-office takings of American films grew about 49 percent year-over-year in 2015.