Malam: China isn't sitting back abashed and tailed between its legs. It continues to press ahead with plans to develop these industries, such as AI. Effectively doing that via skirting the US, they're not trying to sell BYD EVs in America. That's just too tough. But let's sell them to the rest of the world instead. And then the third thing they're doing is just as the US and other Western-like-minded countries are trying to diversify away from China a little bit.