alister thornton, with i.h.s. global insight, he is optimistic saying the government has got the plan right. >> the government was slow on the up take, but over the last couple of weeks, we've seen the government more cognizant of the need to stimulate the economy. they have dropped the interest rate twice in the space of one month, and we're seeing more and more investment projects being approved through the state planning agency and that should really underwrite what we expect to see at the end of the year. >> and of course we are always looking to see what happens with the chinese economy. because that does affect the rest of the economies. and we have figures from j.p. morgan. doesn't look good? >> the big question was how much they had lost on these derivative trades? they originally brought about $2 billion. even so, simply can't -- >> it is a huge amount. however, they still came in with a profit. so not exactly an impoverished bank. however, there are bigger questions to be asked, the way in which the comp