This is a CBSI in the world. I'm John Bachelor with Gordon Chang. I'm Gordon G Chang, my colleague and co-host and friend, and we're very pleased to welcome Charles Burton. There is a headline in the

Globe and Mail a dominant paper in Canada. China's looming decline could be a

threat to the world, could be. Charles, a very good day, could be.

Good heavens, let's go to Bloomberg, Asia, right now.

China boosts stimulus by allowing banks to keep smaller reserves.

China adds support by developer funding,

for developer funding by easing loan uses,

hedge fund stars who got China wrong

are paying a big price.

When stocks crash, China turns to its national team.

A crash, by the way, translates according to Bloomberg

into losing six trillion dollars worth of asset value in the markets these last months.

Charles, a very good day to you. Welcome home from Asia.

It would appear from the Globe and Mail headline that Canada is now on board with the fact that China's in trouble. Is that accurate?

Good evening to you, Charles.

Good evening. Well, thank you for the welcome back. I think that, you know, it's evident that there's serious problems in China and that global mail article emphasized the demographic decline where China's population has gone down by

two million people according to state statistics last year the year before by

850,000 people that the population may, you know, in the next 25 years go from 1.4 billion to a bit over a billion.

So there's a sense that, you know, things are seriously wrong and they're going to be

too many oldsters and not enough young people to support them you know you have

your situation with four grandparents and one grandchild that's a common

a common phenomenon now if if in fact they have even the one.

...