The Chinese Economy Is Ten Times Bigger Than the Russian Economy

China is not really like a free market, where you compete for business by having the best value for your clients. It's where the government tells you who is going to be the top player in the industry. So that's a very ideal situation for a company like black rock to go in and then the government keeps all your competitors out. And they're never going to lead the way, because if you in wats e phrase, a nail thet sticks up, is hammered down or somethingye. Who wants to be first in line to insult the communist party?