emily: brian keare with incorta. we will continue to follow every headline as they come in.real ceo jean-paul agon says he does not expect to see any slowdown in china. he expects chinese sales to grow 30% again this year. he spoke to bloomberg in paris. jean-paul: i think it is not a good thing, definitely. i wish that eventually they will find an agreement. as you said, it will have minimal impact for l'oreal. we usually produce locally, in the u.s. and china. we will see. >> you're seeing marginal impact in the u.s.? jean-paul: the u.s. market is flat today which is surprising. unemployment is very low. consumption is not very dynamic. i don't know if it is related to this, i don't think so, but it is true today that we are seeing a flat market in the u.s. >> u.s. consumption has been flat. that was the case last year, that was the case in the third quarter. the situation is improving over the last couple of months. jean-paul: naturally, surprisingly again because we thought with a good economy, the u.s. market would be a positive market this year and it is not happening