Ann: 2022 Half Year Results & FY2022 Outlook, page-42

I respectfully disagree. A low base industry is exactly what the company needs as it means a longer exponential growth spurt. China's IT industry and innovation since the US crippling sanctions and controls initial devastating impact, has since achieved in three years what it would take ten years to do. Its development for instance from low level chips to making its first premium chip recently is astounding. Its got a 1.4 billion population with a hunger for education and science and that is all now paying off. My concern is not the China growth but generally with AI development given the mind boggling development in quantum computing. In a few years these computers will not need training!