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producing prices, giving more clues to what the direction in which inflation is going to end. those numbers are more timely available and that is what the bank of england will likely focus on.— will likely focus on. thank you so much. to asia now — and one of china's biggest property developers — country garden group — has warned it faces losses of up to $7.6 billion for the first half of this year. it's the latest sign of the serious problems facing the world's number—2 economy. katie silver is in singapore and is following the story. we asked her if this is part of a far wider problem in china's real estate market.

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