regulation. they are going to be hurting badly. but the person who should be worrying the most president xi jinping of chinese. the government helped push the stock market rally and everything they are doing seems to be failing. in the come mist party everything is about power and stability. should you be panicking? yes and no. about 1.5% of the value in the chinese stocks is owned by foreigners because of the tight control of foreign ownership in the chinese stocks. there isn't a web effect if the chinese stocks crashed it doesn't effect the worldwide system like the lehman brothers collapse. but there is a sense that the sliding stock market is a symptom of an ailing chinese economy. with the second largest economy, if chinese'ses the world will definitely catch a cold. >> david mckenzie reporting there. and ivan watson visited a