Obviously China is a very important market for Canada. It is the third-biggest market, lagging behind the U.S. and the EU, so I think what is happening in China, especially in the Chinese economy, is something of great concern for you.
I said they stress equality over prosperity, but I am only describing the message from the 20th party congress, where Mr. Xi emphasized that common prosperity is the utmost objective of their government policy. Common prosperity does not talk only about taxing people's income and redistributing wealth to individuals. Even if in China this is done by taxation, I must say that in a political system that emphasizes political control so much and has no transparency—no checks and balances—the system could only come to a situation where this redistribution of wealth becomes a source of corruption.
It happened when Xi Jinping came to power 10 years ago. He actually used the first 10 years to purge a lot of political enemies by using a slogan of anti-corruption. Now they're closing up their economy and trying to redistribute the wealth of the people, and I don't think it's going to make anyone feel good, including their own people.