the thrust of it, wolf, that was all about globalization. it's not responsible for many of the ills of the world at the moment. more than that china was determined to be part of the global economy. now, that sounds like a bit of -- that we sort of heard before, but it has to be seen in context. as you rightly say, of a u.s. that seems to be disengaging and putting more isolationist policies on the agenda, whilest you have xi from china saying quite clearly, look, the oceans may be choppy, the winds may be severe, the seas may be stormy, but you don't sail back to harbor just because things get difficult. what xi said is to right down the barrel to donald trump. don't start a trade war. don't start protectionism. if you do start a trade war, everybody will lose.