Yes. Clearly, even if it's a bit sketchy, when you take a country or a jurisdiction like China, where there is a kind of alignment between the governmental policies and a lot of the markets and the industry, it's relatively easy to not distinguish the two. It may work because not only the central bank, for instance, but also the industries—the car producers, for instance—have to be aligned, to a certain extent, to the policy goal, so it's relatively clear to orient the market in that direction.
In Europe, for some things like car production, clearly there's a target that is set up by the European Commission and European governments, and then the market must follow. There is not much choice. However, for other stuff, it's much less oriented, so there's a mix of this pull and push. We would hope that all the signals are sufficiently aligned so that financial markets would make good decisions and would align the market with the goal, but it may not work. It depends.