trade war political and short-term we had a chance to talk to sequoia capital china partner and xing liuaid they are looking through the noise. >> when we think about our investment themes, the consumption-driven economy, that's what china will eventually become. that's for sure to happen. the use of more technology across the different industries, that for sure will happen. so we will stay focused on what is sure to be happening and what may not change in the next few years, instead of what's changing >> now sequoia capital has had a monumental year. 1$100 billion in exits by is s a sequoia-backed entities. next year could be huge, big names in the 2019 pipeline include ant financial and didi but the landscape is expected to change in the future as masa son starts to look at chinese tech companies. >> it hasn't changed the landscape in china yet, but we think that the fund will come and become more active in the china market we look forward to working with them either on co-investments or competing with them. >> xing liu is confidence that sequoia will continue to attract the best chine