josette sheeran is the president and ceo of asia society and joins me now. would asia society describe the current economic condition in china? >> first, let's say our thoughts are with our friends in canada. >> absolutely. >> they stick with the u.s. through thick and thin and our thoughts are with them now. the congress of china came forward with 60 major decisions on the economy, and 340 subdivisions, and the questions we asked is are these real, are they the right diagnostics for the chinese economy, and is it a plan of action that can get china's growth at a steady pace and bring not only a soft landing pressure china into being an advanced economy? we have spent the past 8, 9 months analyzing every aspect of those decisions across nine dollars, and our provision is that this is a big bang reform. if you wanted a prescription for taking china's economy and making it advanced by 2020, this is the plan of action, and they are pursuing it with urgency and purpose in the initial implementation. >> the reforms were announced last november, last fall. which o