Thank you.
Thanks to all the witnesses for being here today.
I'm going to start with Ms. Wong and her comment about this country-agnostic approach. After listening to Mr. Houlden, I'm wondering if maybe it's a bit of semantics that is the difference here. I assume that by “country-agnostic” you do not mean that China is out. You would say, let's look at the research, the topic of the research, the entity that you're dealing with—as Mr. Houlden was saying—and look at the level of risk and use that. Is that the kind of approach you're talking about, rather than just putting all the countries into different boxes from the start?