China's Economy Advanced by 6.7% in 2016

China being the world's biggest importer of goods and services has big impact on global trading. The economy of China rose by 6.7% in 2016 which is lower than last year with 6.9% according to reports. This is their slowest progress since 1990. The current numbers are between the target growth rate of 6.5 percent and 7 percent.

The rebound since the October last year may not continue for this year as the decline of the property market and the potential risks brought by the changes between U.S. and China trade ties with U.S. changing its governance this year. However, there are speculations that the actual figures are much lower compared to what the data shows.