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This is CBS, I Am the World, I'm John Bachelors. The Chinese economy, non-transparent, bold statements to the contrary.

We're not certain, however, there is reporting financial times within hours.

Chinese factory activity declines in April on week global consumption.

Services and construction still show expansion indicating uneven recovery across post-COVID economy.

My colleague and friend Gordon Chang joins me, Gage Stone Newsweek in the Hill.

Gordon, this is not a surprise to you. The detail here is that the FT is still looking for an uneven recovery.

A glass half full. Is that a fresh metaphor or is it something that China is just shopping to see if we accept it? Good evening to you.

Good evening, John. It does appear that the Chinese economy is continuing to stumble.

If you look at official numbers and anecdotal information, it appears that there was a contraction in the January, February period, which is combined for reporting purposes.

March, there might have been somewhat of a little bit recovery, though not as pronounced as Beijing claims.

And really what we're seeing is a Chinese economy that is still dependent on exports is having problems because recessions loomed elsewhere, including the United States.

We welcome our colleague and Stevenson Yang, author of the new edition of China Lone Returned Isolation.

And how to read these factory reports in comparison to the services report.

My general understanding is that China is dominated by exports, not by internal consumption. Good evening to you, Anne.

John, so I would point to two things. Number one, the services resurgence is really not particularly strong.

If you look at the underlying numbers in restaurant consumption and in sales of products and purchases of sporting goods and electronics and white goods, then all of those things are really quite weak, especially compared with January, February.

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