What’s Behind China’s L-Shaped Economic Outlook?

China-GDP copyIn an "interview" published on China's official newspaper People's Daily, an authoritative person cautions that the country's economic outlook will be L-shaped, instead of a U-shaped or V-shaped recovery, sending the Shanghai composite index down 2.79% for the day. The so-called Quanwei Renshi (权威人士) comments that the L-shaped outlook will be a rather prolonged period, […]


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