Fiscal Policy Will Be More Effective Tool for Growth, Says Morgan Stanley’s Tan

The transcript discusses the 2019 growth forecasts, focusing on China's disappointing data and the potential impact of monetary and fiscal policies on global economic recovery. It highlights the interplay between trade tensions and policy easing, emphasizing the need for sustainable trade resolutions and more proactive policy measures. The discussion also covers the cyclical and structural slowdowns affecting the global economy, suggesting that a V-shaped recovery is unlikely without significant policy interventions.

What are the expectations for Chinese GDP and its impact on global growth?

What are the two main factors that will determine the growth outlook?