max kettner from hsbc bank is with us.hes almost like what is point of going to shanghai for these talks in the first place? do you expect anything to get done? max: i think politically it is very difficult to say. from a strategist perspective, it is actually -- it makes more sense if you take a step back rather than focus on the day today politics. -- day-to-day politics. if you are trying to forecast or what will be the next step in something that younherently unpredictable, are basically telling your clients my investment strategy is by that definition also very unpredictable. not sure you want to go down that route. i am not entirely sure if there is something coming out. i expect we hear that kind of news. there will be some positives, some negatives. who knows? will i use that as an investment strategy? not really. i'm stepping back and looking at fundamental. nejra: is chinese data figuring into your fundamentals? max: it is twofold. about china i am more focused on the flow side rather than the data side. the flow