date:Jul 29, 2014
nd even with a slowing economy, remains key to the future of global brands.
China's economy is expected to grow at its slowest pace in 24 years this year, but that's still 7.4 percent. The U.S. economy, by comparison, is expected to grow at just 1.7 percent.
Many of the Chinese firms taking on the international conglomerates are little-known abroad, but their local know-how is helping them broaden their appeal at home.
Hawley Hazel, a joint venture owned by Colgate-Palmolive and its Hong Kon