Let's talk more about China's trade data with our guest Hong Hao, chief strategist at BOCOM International Holdings. Hong is now in Shanghai. Let's cross over to him.
1. Both imports and exports were less than expected in USD terms, but in yuan terms the picture isn't as bad -- what do you make of it?
2. Do you see the weak demand situation continuing?
3. Given very rosy PMI figures for October, where do you expect other October economic figures to come in?
