This spring they mounted bigger-than-ever military drills simulating a blockade.

How worried, just quick update in this moment, how worried should we be?

How worried are you about developments in the Taiwan Strait?

Well this too is something of course that we're tracking all the time, not just the the Taiwan Strait, South China Sea.

We've seen second Thomas Scholl with the Philippines as Look I think this goes back to the point I was making about convergence a little earlier.

One of the things that we've done is in in sort of building bridges between Europe and Asia and thinking about the big challenges that we face is raised the recognition far away from the Taiwan Strait that if there were to be a crisis over Taiwan it would be a crisis that affects quite literally everyone in the world, not just the immediate neighbors. 50% of commercial cargo traffic goes through those straits every day. 70% of the semiconductors that the world relies on manufactured in Taiwan.

So we've now seen over the last year, year and a half, a chorus of countries from far afield really impressing about China the imperative of not having a crisis, not stirring the pot, not disturbing the collective weight on China.

I think the more they're likely to not lead us in that direction.