Where Is China’s Economy Heading in 2016?

China’s economy has struggled over the past year in terms of growth, with GDP growth falling below 7%, and the Shanghai Composite Index heading back toward a breakeven point. On the other hand, the economy slowly has been transitioning from an emerging to a developed market in many ways, with consumer spending becoming a key economic driver, and the renminbi heading toward reserve currency status. In this article, we’ll take a look at some of these trends and where the largest economy in the world may be heading moving into 2016.