as well as future business conditions, the country is facing an economic slump as we have been reporting and unemployment has a consumer spending as well. to understand more let s speak to a chinese economist at oxford economics. thank you forjoining us on asia business report. what is your reaction to the readings we are seeing? your reaction to the readings we are seeing? generally we are disappointed. we are seeing? generally we are disappointed, we we are seeing? generally we are disappointed, we had we are seeing? generally we are disappointed, we had expected i we are seeing? generally we are| disappointed, we had expected a contraction in this activity but not to the extent but we have to recognise these are diffusion industries more helpful in telling us the direction in which things are going stop i would say that on the manufacturing side what jumps out at us as this is effectively driven by if you look at the subcomponents this is driven by to a large extent