that. the chinese president here said that protectionism would cost everybody and that there were no winners in a trade war. but the chinese president here who, frankly, gave a speech. i ve never heard anything like it. the chinese president quoted dickens, the gettysburg address, chinese proverbs and wrapped his speech up talking about the benefits of globalization in a speech that wouldn t have embarrassed another u.s. president besides donald trump. so the chinese president has stolen the clothes, if you d like, on this question. and now we have china warning the united states globalization is good. don t start a trade war. if you do, we will all lose. interesting to hear the chinese promote globalization, especially considering many of their inturnal economic policies. but fascinating at every angle.
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.