Thank you, Mr. Medeiros.
On the issue of sanctions, you co-wrote an article with Michael Green in which you say that sanctions are more likely to harm the Hong Kong economy than the Beijing economy. I would like to seize on that idea of yours to ask Ms. Ong this next question.
You mentioned that Xi Jinping's power is on somewhat shaky ground right now. Could international sanctions reassert Xi Jinping's authority over the Chinese or, on the contrary, undermine his credibility with his own people?