The L-shaped economic trend in China will last for a certain period and will not end in just one or two years, indicated by an “authoritative figure” in an interview of the People’s Daily in May.
An “authoritative source” recently explicitly claimed that China’s economic trend will be “L-shaped”, rather than “U-shaped”, and definitely not “V-shaped”. The “L-shaped” economic trend will last for a certain period and will not end in just one or two years. What economic signals are sent then?
Chinese stocks tumbled on Monday after a prominent newspaper quoted an "authoritative figure" dismissing the idea of a quick return to rapid economic growth in China.
The bizarre creations, which first emerged on the market in 2009, have been flying off the shelves ahead of the Lunar New Year
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