Donald Trump +China's gross domestic product +BEIJING: China revealed that its economy has performed the worst in 26 years as it grew at the rate of 6.7 per cent of gross domestic product in 2016. The announcement comes hours before, who had vowed to take adverse measures against Chinese business, takes charge as the 45th US president tonight.The country's GDP may be much lesser if the suspicion of fudged data is taken into account. "Generally speaking, China's economy was within a proper range with improved quality and efficiency," said Ning Jizhe in Beijing. "However, we should also be aware that the domestic and external conditions are still complicated and the foundation for a stabilized but progressing economy should be further consolidated," he said.Fixed-asset investment grew by 8.1 per cent year-on-year, 0.1 percentage point slower than that in the first three quarters. The total real estate development in 2016 rose by 6.9 per cent, 5.9 percentage points faster than last year.

Source: Times of India January 20, 2017 14:11 UTC