 Victor Gao, Vice President of the Beijing-based Centre for China and Globalisation, a think tank with links to the Chinese Communist Party. Thanks for speaking to us here on NewsHour. My next guest is Daniel Russell. He's Vice President for International Security and Diplomacy at the Asia Society Policy Institute and under President Obama in the United States was the Assistant Secretary of State for East Asian and Pacific Affairs. Curious first, Mr. Russell, and welcome to NewsHour. Your reaction to what you just heard?