This is a CVSI on the world. I'm John Bachelor,

Gordon Chang at Gordon G Chang. We're very pleased to be joined by our

colleague for many years, Andrew Collier, Managing Director of Orient

Capital Research, author of the new book, China's Technology War, Why Beijing took down its

tech giants, and is currently a senior fellow at the Harvard Kennedy

School for 2425.

We go to the contradictions available in the media out of London right now. In the

Telegraph we have this report that fears over the future of the world's second

largest economy mean foreign investors withdrew 14.8 billion dollars, 11.6 billion

pounds, between April and June, data from the State Administration of Foreign Exchange shows.

At the same time, we have this from the F.T. also London.

German investment in China's source, despite Berlin's diversification drive.

Andrew, a very good evening to you, this isn't supposed to be logical, people going in different directions.

Is China seeing a general panic to get out or is China seeing

new money coming in? Good evening to you, Andrew.

Good evening, John. Generally a panic to get out. That includes both the domestic Chinese trying to move their money offshore

and the global investment group. In terms of global investors, that includes car companies

and the big funds like Fidelity and the rest of it

were basically deciding that there's the Chinese economy is doing badly and

there's not a lot of room for growth. The one exception as you just noted is the German automakers.

They have a huge market share and even with a slowing economy they're still making money

and they're trying to make sure that they have a base of operations there as a certain amount of decoupling goes on.

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