Fiscal Easing to Be Key in China's National People's Congress, Morgan Stanley Says

The video discusses the expectations from the NPC, focusing on a pro-growth agenda without compromising financial stability. It highlights a fiscal stimulus package and potential growth targets for China. The discussion also covers the buildup of debt and credit creation, emphasizing the use of transparent financing tools over shadow banking. The first quarter shows weak GDP growth, but improvements are expected in the second quarter.

What is the significance of the debt to GDP ratio in stabilizing growth according to the text?

What trends in corporate bond issuance are highlighted in the text?