a continued slow down in the if you look at economic growth as a hold of was reduced a few quarters ago at a attempts to score to resource low down to the lowest growth ever basically and for october data we see a slowdown in retail a fixed asset investment uncritically investment into fat manufacturing capabilities now you said that. the stimulus measures on particular working in this is particularly reflected from new bank lending which has reached one of the lowest levels of the. arctic. and our team is. the government is working on the supply side but the demand side is not holding up so there is there's too few bankable projects there is too much money restrictions in the financial system which lead to bank lending slugging and others as a result of growth not picking up now that sounds like bad news all the way for china but we although we know that the u.s.