National Supervisory Commission of the People's Republic of China

So it's institutionalized, it's not one-off, it's continually evolving, you know, for example, with the recent or last couple of years, the eight-point regulation about frugality among cadres and among leaders.

the National Supervisory Commission that was introduced a few years ago, and so on.

And all of this just reminds us that in China, billionaires answer to the state, not the other way around, as is the case in the United States, as is the case in Britain.

Well, actually, I wanted to ask you specifically about Britain, because obviously you must have a lot of personal experience there.