China's Slowdown Will Last for a While, Says Guangfa Securities's Shen

The transcript discusses China's economic slowdown, which is largely expected by the market. It highlights the potential for negative growth in traditional sectors and the lengthy process of economic adjustment. Despite this, some experts remain optimistic, citing positive indicators like the Leaker Chung Index. The discussion also covers cyclical and structural changes, with a focus on fiscal revenue and industrial profit growth. The potential for consumption to drive future economic growth is noted, although it will take time.

What are the two main realizations people will gradually come to regarding the Chinese economy?

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How long might the economic adjustments in China last according to the text?

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What indicators are mentioned that could suggest a positive outlook for the Chinese economy?

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What concerns are raised about the fiscal revenue growth in China?

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What is the significance of the consumption percentage mentioned in relation to China's economy?

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