It is interesting to note that, in January 2016, the IMF forecast for China’s growth for 2016 was 6,3 per cent; this number has since been revised to 6,7 per cent.
6  International Monetary Fund, World Economic Outlook Update: Subdued Growth, Diminished Prospects, Action Needed, January 2016  4  The UK7 referendum was the next major event, where the outcome was somewhat of a surprise. The decision to leave the European Union (also known as Brexit) prompted a strong negative reaction from UK financial markets, at least initially.