Fan Jianping, chief economist at the State Information Centre, told the official China Securities Journal:
- Short term policies could stabilise China's slowing economy in H2
- Beijing should foster new sectors and innovation for growth to make a lasting recovery
- China's growth trajectory will be "L" shaped, rather than "V" shaped
- Difficult to predict when the will rebound
That all sounds to me like a very knowledgeable, authoritative shoulder shrug ....
