borrowing. what matters is what this shows about china s leadership moving forward. it shows that this high-growth economic model that was powered by the property sector, powered by massive amount of debt is no longer viable and that china sees it as a risk to the party rule and as a risk to the country, isa. yeah, and, of course, the concern is of a ripple effect with other property giants in the country. we ll stay on top of that. selina wang, appreciate that, selina wang there in tokyo. thank you. in the u.s. all eyes are also on the supply chain backlogs. california s governor trying to fix the issue of congested ports, scores of cargo offshore. gavin newsom signed an executive order on wednesday directing state agencies to find land for short-term storage for 200,000 containers currently on board those cargo ships. there are even more ships and containers docked in the city of long beach. about 40% of all u.s. imports are processed between those two