 Now, a meeting of top policymakers in China is working on a five-year economic strategy. That's after the latest growth figures showed the slowest pace of expansion in over a year. Consumer spending is weak and the property slump is ongoing. So here's why China's economic outlook keeps getting worse. Our greater China executive editor, John Liu, joins us now for more. Hi, John. So the Chinese economy grew 4.7% between April and June. That's a figure other countries would love to see. But how bad is it in a China context?