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System. I wont say too much but it is one of the hottest topics around and most important topics around. Of course theres china but theres the whole of asia. And i think the Financial System as weve all learned is one of the absolute requirements for growth. Deputy managing director min zhu was previously adviser to the managing director, senior adviser, and he was the Deputy Governor of the bank of china, and before that, chairing a working group on financial issues. So there is few i think in the world, if any, who knows more certainly about the chinese Financial System but now about the whole world Financial System than min zhu, our friend min zhu. And he makes us an honor to come to brookings for this event. So thank you very much. I will cede the floor to him. After his remarks the panel will i will introduce the panel and we will have some further remarks from two colleagues from the fund, from our own eswar prasad. I will then launch a discussion where we will go from a Panel Di

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