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Do You Think the Chinese Regulators Are Doing a Good Job?
There are a lot of different things going on there. The one thing that they haven't done is trying to break the companies up. They're regulating them, which you can argue good or bad. It does seem like in the last year recon they've kind of gone in a new direction. And so it actually also represents a worrying if your china shift away from an assumption that market conforming instruments are best.