It’s not going to change. At the moment, the government is trying to slow momentum a bit, but we’re not seeing slowing.

This is a very important step in improving U.S.-China trade relations. Problems still exist, but what this illustrates is they can sit down, talk and resolve disputes.

The Chinese economy faces four types of structural challenges ? over investment, too much dependence on external demand, inefficiency in resource use, and regional disparity and income inequality.

This step, if successful, may lead to a fundamental change in China’s economy and credit market. Improved credit access should contribute to a boom of small and medium enterprises in China.

I’m a bit concerned about the growth going forward. For an economy the size of China I can’t imagine that continuing for a long time.

We think it will be the fourth quarter of this year.

If you look at the allocation of investment, there was definitely an improvement, so that’s a big positive step.

But if you look at the aggregate level, it is still a problem.