I think it's very difficult to argue that China is not the capitalist country. The economic life is conducted using privately on capital and profit principle. I've actually spent lots of time looking at statistical yearbooks of China, but there are so many different types of enterprises. So you really have had a tremendous change of first privatization, beat privatization in the sense that they are large private companies or middle-sized private companies. And finally I look at the value added produced in the private sector in China. There was a recent study because that number was not actually quite well known and it's very murky in the Chinese statistics.