liza, china has a very strict moderation policy. the content is essentially censored there. we mentioned that bytedance runs a parallel version of tiktok in china. do the big silicon valley giants operate there? most of them don t. i would describe the trade off . for western companies this way. for western social media and tech companies. - if you want to operate i in china, then you have to operate by chinese rules, and that means content - filtering of political events, - events sensitive to the chinese government, such as. the tiananmen square incident in the 1980s. or, you know, to censor out content involving xinjiang, i which is a western region - of china which has really kind of hogged headlines recentlyl because the us says genocide is happening there. so, in order to operate in china, you have to l