This is CBSI on the World with Gordon Chang at Gordon G. Chang.

I'm John Bachelor, welcoming Ann Stephenson Yang to help us understand headlines from

Bloomberg Asia.

And a very good day to you.

I read them as a cavalcade of gloom.

China growth disappoints as Beijing hints at muted stimulus.

One.

Three cuts China growth forecast as economy disappoints.

Two.

China property investment dropped deepens as Beijing vows help.

Three.

Europe stocks fall on China's slowdown.

And what I see on Bloomberg now is the reporting that you've done for years on the Chinese

economy.

Are you surprised that there's such unanimity now at Bloomberg and other important wire

services that China's economy is in trouble?

Good evening, too.

Good evening.

Yeah.

Isn't it interesting because in Q2 China's economy grew 6.3% on GDP.

And yet all the reporting is negative because it was a very bad comp because a year ago

there was a total lockdown in Shanghai and Shanghai is a very large portion of the economy.

...