china is mow sai tong >> let's go back to jonathan, and get some final thoughts reacting to what john rutledge said and maybe particularly focus on that post-october window, i guess or moment that could be historically and market significant. >> always difficult to time the markets and i think that john made some points that are favorable for the bull case, and that is xi jinping in order to get elected needs to not only control covid, but he needs to get the economy going. historically there's been an orientation around state-owned enterprises as dominating the investment landscape, but i think chairman xi and the rest of the government knows that that's not the real job creator within china the real job creator is in mid cap and small cap companies, especially those oriented around mega trends. that's going to be environmental improvements, electrification, non-dank financials, health care as examples. those really benefit the small and mid cap part of the market in china, especially around hong kong where we have -- we're very bullish on investment flows, especially southbound away from the