There is growing concern among investors that the world's second-biggest economy is declining more than previously thought. The government has injected $100 billion into banks to help spur the economy.

Earlier, China's central bank devalued the yuan in a move seen as a bid to help exports.
  
But what is causing this decline? And what are the ramifications for the global economy?
 
Presenter: Mike Hanna
 
Guests:

Fraser Howie - Co-author of 'Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise.'
 
Alberto Gallo - Head of Macro Credit Research at the Royal Bank of Scotland.
 
Peter Schiff - CEO and Chief Global Strategist of Euro Pacific Capital.

Source: Al Jazeera