Lydgate could not show his anger towards her, but he was rather bearish to the Captain, whose visit naturally soon came to an end.
Li has a reputation as being more bearish during financial crises than other Chinese government economists.
" While the investment strategist had signalled a sharp change of tone in his longstanding bearish views last year, his latest forecast is his strongest statement yet on a "late bubble surge" for equities.
If you assess the reaction to the landmark announcement of a direct trading link between exchanges in Shenzhen and Hong Kong that will for the first time allow international investors to bet on Chinese technology groups, it looks bearish.
" He points out that nothing drastic in the outlook for China has changed: the new administration's reform packages are just now being implemented; GDP forecasts have barely budged; those bearish on the housing market haven't changed their tune.
