sylvain broyer is still with us.t seems like we are getting the regulatory crackdown, not just targeting the sector. that is one part of the store. the other part is the pboc. they are remaining in support, the need for more credit. how is it playing out? what kind of delicacy is around this balancing act and how concerned are you about the economic growth prospects of this country? >> under the economic growth prospects, we saw q2 gdp flowing in china. -- in q1. so the current developments are concurrent with yearly growth in gdp of 8% or even lower. so far, it is shortened developments. so chinese aspects to the question, especially in terms of income redistribution, the social success. and whether this income or distribution would hinder or foster growth, it is impossible to tell. on the question of regulating big tech, it is a global issue. sent with a strong warning, saying it is about the payments, it is the question of financial stability, and possible -- providing stable calls. the people's bank of china is l