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is these tensions, if they escalate and change into something more meaningful, i think that certainly we will have a huge reaction in the market, but for now i dont really see anything more meaningful coming into the market. ~ . market. we have reached the halfway point _ market. we have reached the halfway point of _ market. we have reached the halfway point of 2023. - market. we have reached the halfway point of 2023. how. halfway point of 2023. how would you describe the health of t...

Period of extreme pessimism. you look at many of the consensus forecasts for chinese growth of around 5% each year and that would imply the chinese economy barely grows for the rest of the year. that is certainly a possibility. it is certainly a possibility. it is a risk. you mentioned the tourism data for the dragon boat festival. that was disappointing. 95% of pre—pandemic levels were in early may during the labour day holiday when we were back at 100 so it seems like the recovery there is g...