dan wang, chief economist at hang seng bank china, gave me her take on the current state of the chineseomic sentiment in china is certainly relatively negative still at this point. people had high hope after the reopening but since that, investor confidence and consumer confidence will take much longer. when it comes to the investment, we can see it has turned negative for the first time since 1998. this has suggested a lot of uncertainties from inside china on the policy—making side as well as the concerns about where china us relationship is going. the main drag for the economy is in the property market and we expect this kind of drug will last for a few more years. of drug will last for a few more yew-— of drug will last for a few more years. of drug will last for a few more ears. ~ . , more years. we have seen the data, more years. we have seen the data. heard — more years. we have seen the data, heard about _ more years. we have seen the data, heard about the - more years. we have seen the. data, heard about the tensions, what are business owners thinking? they know there is a slow

dan wang, chief economist at hang seng bank china, gave me her take on the current state of the chineseomic sentiment in china is certainly relatively negative at this point. people had high hopes after the reopening but it seems restoring consumer confidence will take much longer. when it comes to investment, we can see it has turned negative for the first time since 1998. this is from a lot of uncertainties from a lot of uncertainties from inside china on the policy—making side as well as the concerns about where the china us relationship is gone. the main driverfor the china us relationship is gone. the main driver for the economy is still the property market. —— the main drag for the economy. -- the main drag for the economy-— -- the main drag for the econom . ~ . , ., ., economy. we have seen the data and heard about _ economy. we have seen the data and heard about the _ economy. we have seen the data and heard about the tensions, i and heard about the tensions, what are business owners thinking? then know there is a slowdown in china, what they want the government to do? so far wa

dan wang, chief economist at hang seng bank china gave me her take on the current state of the chineseentiment in china is certainly arousing negatives at this point. people have high hope after the opening. it seems that investor confidence and consumer confidence will take much longer. and when it comes to investment then we can see it is turned negative for the first time since 1998. this suggested that a lot will continue inside china and the policymaking side as well as the concerns about where china relationship is going. the main driver of the economy is the property market and this drag expected to last for years. we've seen the data, we heard about the tensions. what are business owners thinking? they know there is a slowdown in china. ~ ., ., , know there is a slowdown in china. ., ., , ., china. what do they want the government _ china. what do they want the government to _ china. what do they want the government to do? _ china. what do they want the government to do? so - china. what do they want the government to do? so far- china. what do they want the | government to do?

npr juana summers, dan balz, "new york times" white house and national security correspondent david sanger, and we want to welcome our abc senior white house correspondent selina wangf you. selina, i want to start with you. you reported from china for many years. you were out there at apec. you were actually the pool reporter in the room with xi and biden before they started their meeting. what was your takeaway? just some personal thoughts. >> well, it was for president biden, mission accomplished, but it was a low bar. he wanted xi jinping to talk to him more and pick up times of crisis, and he got that done. given how much has consolidated around xi jinping, it's important that the top leaders are talking to each other to enact change. on the major topics, most sensitive parts of the topic, including taiwan, no progress, and clearly this doesn't solve the deep mistrust between them. i asked xi jinping multiple times in mandarin. i know he heard the question. he looked at me in the eyes, smiled, and then didn't answer. when biden was asked the question about whether he trusts xi,he said, trust, but verify. this is a leader in china who's consolidated the power of