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What's Going on in China in 2023?
Tracy: The other big thing for the global economy in 2023, it would seem to be is what's going on in China with the reopening and also more recently, a lot of policymakers seemingly rolling back some restrictions. Tracy: If China is reflating, which I think it is, if you have those two economies looking a little better next year, I think that's going to put downward pressure on the broad, broad dollar exchange rate. At the same time, China's been a mess in 2022, as we all know,. But during 2022, what did we see? The rest of the Asia-EM complex looked OK. Right? It looked OK.