As Mr. Arès pointed out, everything that's been said leads to one overarching conclusion: you can't not do business with the second-largest economy in the world. I realize that values are an important consideration for the committee, and understandably so. Again, though, you can't avoid engaging with the Chinese economy.
Let's look at the ESG factors. Today, although listed Chinese companies are still way behind when it comes to ESG factors, even in the public sector, things are advancing slowly. Today, when the conversation focuses on ESG factors, such as the use of water, electricity and coal, you can't disregard China. You can't talk about ESG matters without talking about China.
The best way to go to avoid any risk is to not do business with China. That is true for most authoritarian regimes. If you don't want to take any risks, especially from a values standpoint, you can't do business in those places. That's important to understand.
On the flip side, the market still holds a lot of profit potential, albeit artificial at times. You have to be very careful not to look at China as a gold mine. You have to be very careful about how and where you invest.