Yes, China, it's big. It is doing an awful lot of investment in its knowledge capabilities and whatnot. It's now the leading patenting country in the world. It is one of the fastest-growing countries in terms of international intellectual property receipts, so it's actually now marketing its own knowledge. It is the world's largest payer for intellectual property. In other words, it's the biggest importer of technology in the world at a time when it's under technology sanctions.
It's going to be around, even in the area of computer chips, where it only has about 7.6% of the global market and is under a major full-court press by the United States to prevent it from moving forward. It is actually moving forward gradually in terms of improving its processes, and within five years it will be there. We will have to deal with China.
The idea that somehow we cannot deal with China is a non-starter. The question is this: How do we define that relationship? The Europeans are talking about de-risking. Does de-risking mean that a Chinese company cannot build a bridge in Canada? Now, if it's interactive infrastructure where it has lots of telecommunications, data flowing, then we may have very valid concerns about which companies from which country are involved in the construction and the management of that infrastructure. If it's a physical thing in Canada, do we worry about that?
Again, it goes back to the data and the information flow within our economy. We are moving from a world in which we used to trade inert products across borders. Now everything's smart, and of course the infrastructure is getting smart, so it's very difficult.