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Read More »What does ‘L-shaped’ growth imply for China?
Sara Hsu Recently, in the People’s Daily an unidentified “authoritative figure†discussed China’s likely growth trend, referring to it as an “L-shaped trend.†Observers have assumed that the “authoritative figure†is a top official who cannot be named. The official emphasized that in the first quarter of the year, conditions have stabilized and reform has continued, but that reliance ...
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