so let's get some reaction to this now and speak with jason gregory mahoney. he's a politics professor at east china noble universe and you're very welcome. thanks for coming on. what do you think the main motives are them behind this west and the lines to beijing elton road initiative? well 1st we have seen success escalating containment strategies against china. so it's 1999. each one failing. and now it's biden's turn. second, it's impossible to assess this proposal because it has no substance yet. it might be nothing more than washington propaganda. 3rd, the u. s. desperate to sustain and re enforce its global hegemony. this was, in fact the main point from us and this past week with its innovation and competition act. as senator schumer said, i'm sure that us remains the world, the world's sole superpower. and this proposal might be part of that broader strategy for if this proposal moves forward and some tangible way, i suspect we will see it as a major effort to reinforce the us dollar as the world's supranational currency. interesting, g. think all g 7