China Warns No “V-Shaped” Recovery Is Coming; Says “There Will Be No Strong Economic Stimulus”

by Tyler Durden
ZeroHedge.com
01/11/2016

Maybe because not enough people caught the dire warning the first time, moments ago Bloomberg reported that Han Jun, the deputy director of China’s office of the central leading group for financial and economic afairs, spoke at an event at the Chinese consulate in New York and practically reiterated the anonymous source’s warning practically verbatim. To wit: “There won’t be a strong economic stimulus and people shouldn’t expect a V-shape recovery; instead long period of L-shape growth path is likely” said Han, who participated in the drafting of China’s latest five year plan.

The Rest…HERE

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