The Importance of Fiscal and Monetary Stimulus in China

We've been sat here for probably seven months now, maybe eight months since the reopening news was announced last year. When do we get to that big bang of fiscal and monetary policy to help this Chinese recovery take place? Is it still a waiting game of a long time to come or is there any chance of it happening in the short term? Yeah, so that's a great question, Jordan. I thought monetary measures will most likely have within little impact Beijing will likely once again play the role of borrower and the spender of last result. We think Beijing may ramp up support for local governments and speed up even for structural investment by raising the policy bank loan quota.