is normally the time that many factories would be busy filling christmas orders due to be exported out of china, so the fact we've seen five months of slow down, but five months of slowdown over what really should be the busiest time of year for factories is a should be the busiest time of year forfactories is a real problem. this is one most chinese workers try to put in as much overtime as they can so they can take a break around chinese new year injanuary when a lot of factories close, so the fact that factories are seeing a sustained slump is a problem for chinese labourers, chinese factories but also tells us that appetites overseas and the orders that are coming in. 50 overseas and the orders that are coming im— coming in. so that its manufacturing, - coming in. so that its manufacturing, the l coming in. so that its - manufacturing, the property coming in. so that its _ manufacturing, the property sector also in the spotlight, we have talked a lot about the well—documented problems at evergrande, now there is another firm in the spotlight, probably not one we will be familiar with, but one we will be familiar with, but one that could cause huge problems? yes, huge problems at country garden, china's biggest private party developer. they have announced a $6.7 billion loss in the first half of the year. another kind of —— my now they are lurching from deadline to deadline as they try to pay their debts, so that is of real concern, they are $150 billion in debt at the moment. country garden is important because it has a lot of construction projects across china, notjust in the really big cities but in many smaller cities as well. so the fact that construction sites have really slowed to a halt across many cities in china, workers are not being paid, that's a real concern. it's also a concern because beijing doesn't seem to be stepping in yet with the kind of stimulus spending that we've seen in years past. think back to 2008 when they announced a record stimulus package, $596 billion, to prop up the economy. they are moving very cautiously, doing a little bit here and there, but we not hearing the big announcements from them, as country garden really slowing to a halt, we have to remember the property sector accounts for one quarter of the chinese economy, so if it is really grinding down, that's a real problem for the rest of the chinese economy. i that's a real problem for the rest of the chinese economy.- of the chinese economy. i know ou're of the chinese economy. i know you're going — of the chinese economy. i know you're going to _ of the chinese economy. i know you're going to follow— of the chinese economy. i know you're going to follow that - of the chinese economy. i know. you're going to follow that closely for us. good to have you on the programme, thank you. celia hatton joining us live. well, it's a different picture in another powerhouse economy. india. figures due in a few hours are expected to confirm the economy grew around 8% in the three months tojune. it's a growth rate to be envied by many countries here in europe. in fact, india's economy is predicted to double in size in the next eight years and become the second largest in the world later this century. 0ur india business correspondent nikhil inamdar reports from mumbai. feeding herfamily feeding her family of four this humble vegetarian meal costs a third more than i did a few months ago. but prices are more stable, the money she brings home as a domestic helper isn't enough. —— and prices are photo she has taken on part—time work as a seamstress to earn additional income. translation: i am additional income. translation: i am additional income. translation: i am a sinale additional income. translation: i am a single earner — additional income. translation: i am a single earner in _ additional income. translation: i:n a single earner in the family additional income. translation: i5n a single earner in the family and we can't save anything any more. everything from food to gasoline costs more, we are very stretched. there is just no costs more, we are very stretched. there isjust no respite in the prices of basic staples in food markets like these, and as the country's poorest suffer from soaring food inflation, the government has had to bring in curbs on the experts of essential commodities like rice, wheat and even onions to control domestic prices. this has globalfood security implications, say experts. india accounts for 40% of the global —— the global rice market. since the ban on non—basmati rice came into effect, prices have risen from markets like thailand by around 20%. and now the sugar ban under consideration could aggravate the situation. in consideration could aggravate the situation. .., , , consideration could aggravate the situation. .. , , ., consideration could aggravate the situation. , , ., consideration could aggravate the situation. , ., ., situation. in case there is a ban on suuar situation. in case there is a ban on sugar exnorts. _ situation. in case there is a ban on sugar exports, which _ situation. in case there is a ban on sugar exports, which the - situation. in case there is a ban on| sugar exports, which the likelihood has increased because there is projection of sugar production being lowered next season, that would have an impact on global prices, and all the economies are right now focused on controlling inflation in their own economies. sol on controlling inflation in their own economies. so i would say that india also has to take care of its own interest.— india also has to take care of its own interest. food makes up for a bi chunk own interest. food makes up for a big chunk of _ own interest. food makes up for a big chunk of an — own interest. food makes up for a big chunk of an average _ own interest. food makes up for a big chunk of an average indian's i big chunk of an average indian's monthly expense. while soaring prices are eating into disposable incomes, erratic rains and shaming dough changing climate patterns have led to lower yields for millions of indian farmers. this farmer has spent £3500 sewing onions on this three acre plot of land and is staring at big losses this year. translation: the staring at big losses this year. translation:— staring at big losses this year. translation: ., , ., . ., , translation: the quality of the crop was very poor — translation: the quality of the crop was very poor because _ translation: the quality of the crop was very poor because of— translation: the quality of the crop was very poor because of the - was very poor because of the unseasonable rain. 80% of what i stored has rotted. i'm not going to be able to recoup my costs. ituni’ith stored has rotted. i'm not going to be able to recoup my costs. with the bi aeneral be able to recoup my costs. with the big general election _ be able to recoup my costs. with the big general election looming, - be able to recoup my costs. with the big general election looming, unrest| big general election looming, unrest due to high food prices is a risk no government will want to confront. the cost of living crisis is continuing to cause headaches across the eurozone, with the latest inflation figures for august coming in slightly higher than expected. consumer prices across the bloc rose by 5.3% in august, adding to pressure on the european central bank to push ahead with another rate hike at its september meeting. we're nowjoined by holger schmieding, who's the chief economist at berenberg. that is the challenge, how the central bank responds to this, particularly across the eurozone where inflation is proving to still be quite streaky?— where inflation is proving to still be quite streaky? yes, it is but if ou look be quite streaky? yes, it is but if you look at _ be quite streaky? yes, it is but if you look at the _ be quite streaky? yes, it is but if you look at the details _ be quite streaky? yes, it is but if you look at the details of - be quite streaky? yes, it is but if you look at the details of the - be quite streaky? yes, it is but if i you look at the details of the data, in august it was a bit above expectation, still above 5.3%, largely driven by an uptick in oil prices, excluding energy inflation, it continues to come down gradually in the eurozone. so the challenge for the ecb is whether it sees growth and focuses on the underlying trend which is a gradual slowdown in inflation, or whether it looks at the headline rates sticking an acceptably high price point. find acceptably high price point. and therefore if _ acceptably high price point. and therefore if we talk about how they may respond, it is not long ago since we were talking about how low rates could go, and tipping into negative territory for so now we're talking about how high they could go. and that is the challenge, it's about not too hot, not to call, they have to look at what might happen in future. what do you reckon the ecb will do? fin future. what do you reckon the ecb will do? . . future. what do you reckon the ecb will do? ., . ~ future. what do you reckon the ecb will do? . . ~ , will do? on balance i think it is more likely _ will do? on balance i think it is more likely they _ will do? on balance i think it is more likely they stay _ will do? on balance i think it is more likely they stay on - will do? on balance i think it is more likely they stay on hold l will do? on balance i think it is| more likely they stay on hold in september, because other data are showing that the economy is losing significant momentum. we are seeing that unemployment is no longer falling, leading indicators suggest that the eurozone economy will perform much more poorly in the next few months than the european central bank had expected earlier. so if the ecb revises down its forecast for growth in september as they most likely going to have to do significantly, then the chances are that they will be on hold but it is a finely balanced decision. where is the concern — a finely balanced decision. where is the concern was _ a finely balanced decision. where is the concern was focused? - a finely balanced decision. where is the concern was focused? we - a finely balanced decision. where is the concern was focused? we know| the concern was focused? we know germany is struggling to make much headway, but where are the other worrying points?— headway, but where are the other worrying points? well, we've seen that overall. _ worrying points? well, we've seen that overall, many _ worrying points? well, we've seen that overall, many -- _ worrying points? well, we've seen l that overall, many -- manufacturing that overall, many —— manufacturing around the world is struggling. china is a big part of the picture, but even in the us, where the overall economy is expanding, manufacturing is a bit of a problem. after the easing of supply chain problems, a lot of companies loaded up problems, a lot of companies loaded up on inventory late last year and now they have too many inventory is and of course, all those economies, notjust germany, all those economies across europe where many factories, especially manufacturing exports to china play a major role are suffering, this includes for instance austria, some of the neighbours of germany who have similar problems at the moment. is similar problems at the moment. is always good to happy with this, thank you for that. the market for al tools is hotting up. tech giant baidu has released its artificial intelligence chatbot to the public — after getting approval from the authorities in beijing. it's called the ernie bot — that's short for�*enhanced representation through knowledge integration — and has been in development since 2019. our asia business correspondent nick marsh has been taking a look. ernie went straight to the top of the apple app store in china, something the clearly very are very excited about, it's great news for baidu. of course they had a rocky road of light along with the rest of the chinese tech scene but now they have been able to get ahead of their big rivals like ali baba. so this is a big milestone when it comes to china's engagement with al, its investment in the technology. notwithstanding the fact that this chatterbox is not available outside china, so i haven't been able to access it for example, see how it matches up with things like chatgpt which in itself is banned in china. but in any case it shows that china is taking ai seriously, is trying to keep up with this global revolution that we've seen of late. businesses now the huge economic potential it has, the authorities of course know the potential it has, especially at a time when the chinese economy is going through summary problems. but it's not going to be a complete free for all, it's not going to be a complete free forall, it's it's not going to be a complete free for all, it's not a situation where the authorities have given a green light to anyone to start innovating and set up their own chat bot. they have their own parallel censored version on the internet, so it's going to be a fine line to see how the authorities try and encourage more investment and innovation in these kinds of platforms but also keeping a fairly steady grip on the flow of information and how they are going to regulate that is going to be one of the key questions as to how ai develops in china. in other news.... staying with al — the prime minister's plan for the uk to take the lead in al regulation is at risk unless a new law is introduced in november, so says a warning from mps. ministers on the commons technology committee say the eu could overtake the uk in efforts to make ai safe unless action is taken. the government told the bbc it is willing to consider further steps if needed. the billionaire adani family — which has close ties to the country's prime minister, narendra modi — has secretly invested hundreds of millions of dollars into the indian stock market, buying its own shares, according to newly disclosed documents seen by the guardian and financial times newspapers. the family includes gautam adani, who is india's richest person and the world's third richest person, and worth more than $120 billion. the adani family deny all allegations. bringing you different stories from across the uk. for english heritage, the last four years have been a labour of love in this part of derbyshire. a team of specialist workers have been busy. it's meant to have a roof on it and without the roof on it, you get a lot more deterioration in the stone and of the historic plasterwork. so we are very keen to keep as much of the original plasterwork and to repair the stonework and make the site accessible for people to come and find the whole story. what and find the whole story. what really stands _ and find the whole story. what really stands out _ and find the whole story. what really stands out when - and find the whole story. what really stands out when you - and find the whole story. what really stands out when you walk around — really stands out when you walk around is — really stands out when you walk around is the restoration of the decorative _ around is the restoration of the decorative white plaster walls. they show ornate pictures and date back 400 years. — show ornate pictures and date back 400 years, around 500 people a day have been_ 400 years, around 500 people a day have been visiting the building since — have been visiting the building since it— have been visiting the building since it reopened. but like the forth — since it reopened. but like the forth road bridge, the work never really— forth road bridge, the work never really stops. forth road bridge, the work never really stops-— really stops. well, the place will continue to _ really stops. well, the place will continue to deteriorate, - really stops. well, the place will continue to deteriorate, it's - really stops. well, the place will continue to deteriorate, it's an l really stops. well, the place will. continue to deteriorate, it's an old building and it's not getting any younger, like the rest of us, so there will be conservation work to be done in the future, but if we haven't done anything, it would have deteriorated much more quickly and we wouldn't have been able to allow the public in because itjust wasn't safe. the public in because it 'ust wasn't safe. ., ., , ., safe. for more stories from across the uk, safe. for more stories from across the uk. head _ safe. for more stories from across the uk. head to — safe. for more stories from across the uk, head to the _ safe. for more stories from across the uk, head to the bbc— safe. for more stories from across the uk, head to the bbc news - the uk, head to the bbc news website. hello from the bbc sport centre. caroline wozniacki picked up the biggest win since making her comeback by beating 11th seed petra kvitova to reach the us open third round. the former world number one, who retired in 2020 and has since had two children, came through in straight sets in the night session in new york against her long time rival. wozniaki will face americanjennifer brady in round three. defending champion and world number one iga swiatek beat australian daria saville in straight sets. she'll play slovenia's kaja juvan on friday for a place in the last 16. swiatek looking to become the first woman to defend her us open title since serena williams won a hat—trick of titles from 2012. second seed novak djokovic cruised through in straight sets against spain's bernabe zapata miralles. djokovic, who's aiming to match margaret court with a record—equalling 24th major title, plays compatriot laslo dsjere next. there was shock for last year's finalist casper ruud, he's lost in five sets to chinese world number 67 zhang zhizhen. the other second round surprise saw another grand slam finalist stefanos tsitsipas knocked out, he lost in five to swiss qualifier dominic stricker. plenty of exciting second round matches today in new york. defedning champion carlos alcaraz is up against south africa's lloyd harris. andy murray a winner at flushing meadows in 2012 takes on grigor dimitrov.