What Does All This Mean for Investment?

i'm curious to get your take about what all these crackdowns actually mean for investment in various china sectors. So when the crack down on om education, or education te m, came out during the summer, i remember there was a bunch of commentary from people saying like, this is so unexpected and so extreme. I can't imagine that it needs to squeeze capital out of consumer tech in order to get it into semi conductors. Now, i think certain types of v c funds could be facing pretty considerable challenges om how they deploy a capital going forward. But i sethat that's been one of the questions i've been im investigating.