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China economy 2016 in ten key phrases

Despite challenges including anemic world growth and volatile global financial markets, China pressed ahead with key reforms in 2016, had steady growth and improved its global influence. The following ten phrases recap the economic year.

Santa rally sends UK stock market to all-time high as FTSE 100 index of top shares closes at record level

• FTSE 100 index of leading shares ends the day on 7,106.08 - 37.91 points or 0.5 per cent higher
• Two points higher than the previous record closing figure of 7,104 set on April 27 this year
• The term Santa rally emerges from the fact that the Footsie has risen in 26 of the past 32 Decembers