Market Value: China’s economy grows steadily at annual rate of 6.7%

Market Value: China’s economy grows steadily at annual rate of 6.7%

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China’s economy grew at an annual rate of 6.7% in the three months to September, government data showed, a sign that growth is establishing.

The amount was in line with forecasts, and was the same speed as the previous two quarters.

After the markets and currency crises of China earlier this year triggered fears of a further slow down investors will reassure.

China’s economic operation has a large knock-on impact around the world.

Full year growth for 2016 is still likely to be weaker than last year’s, that was already the slowest in 25 years.

The figure is in line with Beijing’s growth target of 6.5%-7% for the year.