Is it something we should be nervous aboutthe world's second largest economy steaming to storm?

Well, you think so Emily. And itdefinitely, it's more proved thatChina's been impacted by the globalslowdown we’ve all talked about. For example, we saw the second quarter of GDPcome at 7.6%, that was its weakest level in more than 3 years. And just today,China'sPMI came in at that 8 months low than you’d mentioned. Now take a look at thenumbers.China'sofficial Purchasing Managers Index for July, PMI came in as 50.1%. Last monthit came in at this: 50.2%. So we’re not talking about the big drop right. Butthis is a drop nonetheless. The good news is thatChinahas been expanding for all ofthis year at least. Take a look at these, these numbers here. The bad news isthat it’s getting to that all important 50-mark and I raised that becauseanything below 50 indicates contraction. And last summer we saw that was backhere in November. Now still HSBC's chief economist Qu Hongbin, he was all thatimpressed about today's numbers. This is what he thought aboutChina'sJuly data. He said this: This is far from inspiring, asChina's growth slowdown has notbeen reversed meaningfully, and he also added: and downside pressures persistwith external markets continuing to deteriorate. He also added we still alsoexpect Beijingto step up a policy easing in the coming month just support growth andemployment. But of the back of today's PMI data not all, not all that greatstill growing. Beijingdid pledge to keep economic growth stable and did cheering investigators to buyinto the stocks today and has mentioned earlier. The Shanghai Composite andHang Seng did both rise while all the other markets did end in the run.