BEIJING: China’s economy grew by 6.7% in 2016, compared with 6.9% a year earlier, according to official data, marking its slowest growth since 1990.
The figure is in line with Beijing’s growth target of between 6.5% and 7%. But the data comes days after the leader of one Chinese province admitted GDP data was faked for several years. China is a key driver of the global economy and a growth slowdown is a major concern for investors around the world.