alix: are they prepared for any devalue wishon -- for the devaluation in any way?id: no, the market is only pricing less than 3% depreciation. and for more -- for one month forward it's only pricing 1%. scarlet: i want to go back to what he said the imf special drawing rights. your take is that because it is so politically significant it limits china's options. david: i think it is a little bit about -- like the beijing olympics in 2008. there is a lot of national pride. once you mount the back of a tiger, you cannot get off because otherwise you will be eaten by the tiger. if you follow this path of letting go and easy monetary policy, basically everything is done. it is counterproductive. scarlet: david, thank you very much. and we have some breaking news. dupont ceo aaron: will be retiring as chairman and ceo -- the dupont ceo aaron coleman will be retiring as chairman and ceo. this is below what anticipated -- what analysts had dated. if you look at what shares are doing after hours, they did get a pop on this announcement. 9.1%, i believe from yesterday's clos