the goodlook at it, news is, the solution to all of rebuilding confidence and a dealing with that and and drivers of growth are speeding up reforms, reforms they really need to put into place to scale back the enterprises, put them on a level playing field and let the private sector do what it needs to do. this is a matter of political will. >> so there is a lot to unpack. first, go to the short-term. in the short-term, do you expect this to continue, depreciating china? the dollar in hank: in washington, people are accusing the chinese of trying to drive down currency and even spending a lot of money to prop up the currency. i think that ultimately what they are doing is moving toward a currency that is more market determined. right now in the short-term they understand how important stability is, because in a time where you have speculative pressure to the downside, confidence to the downside, and really the understanding of the economy and what the leaders are doing in a low, this is a good room.o have a stable over time, you will see a market driven currency and frankly i do not w