still with us, jens nordvig and conrad dequadros.a factor, are you confident china's tackling financial risk or should investors be wary of it? jens: china is aware on this issue. investors are, too. i think this is the main question i'm getting from investors, from a long-term perspective, is it possible china can manage this balance? they have had growth and now they're seeing improvement in these ratios. the key to being successful in this balancing act really is a growth stays strong. that is what we are watching. the leading indicator we are paying the most attention to our from the trade accounts because that is some of the most early in the cycle data. it is still holding up, so there's nothing in the near term as adjust the economy is about to take -- that suggests the economy is about to take a step down. that is key to making this sustainable. francine: tom and i have been talking about the leadership of china, the fact president xi has more powered for longer. this this mean he will tackle with more force the question of d