Thank you very much.
Gentlemen, you both paint a rather disturbing picture in terms of challenges, and I take the point that I often think that Beijing's attempt to censor news and shut down debate is not a kind of strength but a sign of weakness.
Have you both considered the case for a slow divergence away from China? Since the open democracy and the open economy we operate in today have too many vulnerable points, plus with the United States advocating more nearshoring and onshoring and Japan doing the same thing and going so far as to fund its companies to repatriate home, is there a long-term strategic case for doing that as a way to minimize the numerous security threats to our institutions, our technology, our research centres, etc.? What say you to that argument or that line of thinking?