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This is CBS I On The World. I'm John Boucher with Gordon Chang at Gordon G Chang, China.

The decline in China's GDP is a blow to the regime in Beijing, a blow to the Chinese

people. What is to be done? The reopening is the metaphor. Yes, but where and is it trustworthy?

The headline at CNBC, the worst is over. That's a quote. Tech investors are bullish on investing

in China again. And then from Chibo Tang, managing partner at Gobe Partners, investing

in early stage tech and media companies in China.

Quote, I think the government has a clear signal about what they hope to do this year in

terms of gross domestic, domestic product growth, jobs and domestic consumption. Well,

you go to Ann Stephenson Yang, author of the upcoming new edition of China Loan Return

Dysolation. And Gordon reminds me that when you see your adversary in terms of what you

think about for yourself, that's known as mere imaging. And it leads to very bad mistakes.

Do you measure that the investment community early stage, late stage, full bore is seeing

in China a rational actor again, someone some entity that wants profit over ideology.

Good day to Ann. Good day, John. I love the term mere imaging. I just think it's I think

...