helge: a lot of headwinds the world was facing together.arge economy like china when he down rather than up is an issue -- pointing down rather than up this issue. there is increased support on the monetary side as well as when there is more room for activity. kathleen: does the pboc need to do more on the monetary policy side? people keep waiting. we got the rrr cut. maybe people are looking at the loan prime rate today. what good does it do to provide liquidity or credit? they can't operate because they can't get to the factory. helge: good question. there is more coming. we have heard communication. but i think it is really up to fiscal policy to step up. we have room for fiscal support that focuses on household support rather than traditional infrastructure. haidi: i guess when you're talking about fiscal support, we have seen a big step up already as this chart on the bloomberg shows. i wonder how much we can really do given the pressure from the local government side of things. helge: i think china is giving on the economic circumstan

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