joining us now, mike holland. besides running his investment firm, holland and company, he's been a director of the china fund since its start nearly 20 years ago, and he's also a director of the taiwan fund, both trade here at the new york stock exchange. hi, mike. >> hi, susie. >> susie: despite this impressive clothe,-- growth, there's already talk about china's economy slowing down. i know you go back and forth to china regularly and talk to businesses there. are you seeing any signs of a slowdown? >> yes, and it's much to be desired, susie. the country's stimulus program worked really, really well. they institutesed theirs at the same time the u.s. instituted its stimulus program. theirs caused a growth in the economy that up until this most recent quarter was going about 12% a year. as you said, for a country that is now the second largest gdp in the world, this is no longer a tiny emerging country, economically. so the answer is yes, they wanted to slow down. they have had some speculation in real estate. th

we'll ask mike holland, director of the china fund, if that growth is sustainable. also tomorrow, we'll get a read on employment with the latest weekly jobless claims and quarterly results from retailers j.crew and zale. >> susie: wal-mart wants the u.s. supreme court to block what could be the largest sex- discrimination case ever. more than a million women are involved in the class action suit. they claim wal-mart pays female workers less than men, and gives women fewer promotions. the discount giant wants the cases tried separately, not as a class. the high court is expected to decide later this year whether it will hear the case. >> tom: expect congested roadways, full flights and crowded trains if you're traveling this labor day weekend. a.a.a. says about 34.5 million people will spend the holiday away from home. that's 10% more than last year. the cost of getting away is getting higher too. airfare, car rental and gas prices are all up. experts say even though unemployment still weighs on many americans, most folks just want one last hurrah before summer ends.