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Looking to IPOs in the Second Half of 2022
The Chinese people are going to be far more cautious and even for younger people if they're a little bit more able or willing to spend the unemployment rate is is pretty high. create a lot of like good flows both ways it's interesting because you the comparison with the United States here actually is very similar we had a similar kind of sum in the United States consumers a sprint around half and it's provided a cushion to the economy that we've seen however there's a cultural difference here surely that the Chinese people there's a lack of welfare state there they're starting obviously to build that.