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expertise to china. i believe the key is the rebalancing in which they are not dependent on experts and focusing more on consumption. if they have a recession that would have an impact on that type of domestic consumption. it s something we re going to have to watch very, very carefully. we re going to have to encourage more exchanges and deliberations between our top financial services sector, as well as our financial institutions and our government officials, secretary geithner has a whole host of collaborations and exchanges with his counterparts in china. let me just also add that 70% of treasuries are actually held by domestic companies. 70% of our treasuries are held by domestic entities. of the 30% remaining held by other entities, china has about 1/3 of that. china s hold on, or ownership of our security really is only 8% of our total debt. and in no way does china s position in any way influence u.s. foreign policy. thank you very much. mr. webb. thank you, mr. c

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