Market View: Beijing reassures investors but gives no dollar figure to stimulus package

Over the weekend, the Chinese central government said that there is room to increase debt and the deficit, and that more stimulus is on the way. The comments come against a backdrop of a series of measures unveiled in recent weeks that have included interest rate cuts and liquidity injections for banks, all aimed at kick-starting China's dragging economy. Gary Ng, Senior Economist at Natixis, shares more about the highly anticipated briefing on fiscal policy that was light on specifics.  See omnystudio.com/listener for privacy information.