August 21, 2023
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1:17Now PlayingMorgan Stanley Wealth Management CIO Lisa Shalett says China's reliance on monetary policy to boost growth has been ineffective, and suggests policymakers distribute money to businesses and households instead. "What's needed here is some pretty forceful fiscal stimulus that will boost confidence, perhaps some type of helicopter money type program like the United States did during COVID," she says on "Bloomberg The Open."
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