 I'll talk about Japanification. That's, of course, an issue that in Africa is very far away. And I'd like to give the word to Akeve Okube. Ethiopia has been growing very fast. Many areas in Africa have had very high growth rates, not just over the last years, but this has taken, this has been going on for a while now. Could you help us understand what the current situation is of this region, of your country in particular, and what the outlook is? What are the big challenges you are facing? Thank you, moderator. First, many thanks for your congratulations on the Nobel Peace Prize winner, our Prime Minister, which I believe is a prize for Africa, not just for Ethiopia. And Ethiopia has been navigating an economic growth quite fast and rapid, but more or less also equitable growth. So for the last 15 years, the economy has been growing by 10.5%. And in terms of shared growth as an important indicator, average life expectancy has increased from 44 in 1991 to 66 in 2016. This is 21 years' increase in average life expectancy, which is on average twice the Africa's average growth rate. This morning, I would like to talk the broader picture, and my perspective will be from a policymaker's perspective, but from a developing country, or a developing country, especially African perspective. This topic is critical, and we could see two central issues here. The first one is the world's political and economic outlook, and the growth of African countries or developing countries is going to be determined and influenced not only by the domestic policies, but also the broader global outlook. So this is central for developing countries. The second aspect is the rise of China, and this is quite critical, because we are in a cynocentric global order. It's not a hypothetical issue, and China, for good or for bad, is an important and critical player. So I will try to focus on this bigger picture. Some 200 years ago, the great Napoleon said, China is a sleeping giant. Later sleep, for when wakes, she will shake the world. This was exactly 200 years back, and China used to be the largest economy between 1500 and 1820, and since then, since the opium war, China has declined its power and influence while it was the largest economy during this period, and now we see the return of China in the global economic outlook. So it's quite critical without exaggeration or without alarmist approach. We need to be realistic in the world that we are in. The first point I would like to focus on is that since 2007, as Oliver indicated earlier, the global economy is in a slow down mode. It hasn't yet been able to be back. The growth rates, which was observed, educated back before the financial crisis. And this is quite worrying for developing countries because it limits what they can sell in global markets. It limits the growth space they can have. And the most critical issue is uncertainty, and this is quite valid or important in terms of investment. Since year 2007, for the last 10 years, FDI outflow, I mean, ending flow, has been more or less flat, about 1% increase every year, and this compared with double digit growth of FDI is quite alarming issue because African countries, developing countries, need FDI for their growth. I would like to highlight also that the increasing inequality is a critical issue. The marginalization of developing countries and also the increase in equality, even with an advanced economy, is a time bomb that shakes the stability of the economy as well as the political stability. I would also like to raise a critical point, climate change. Climate change is a global issue that directly influences economic growth, and both developing countries and advanced economies need to bring this issue and give it centrality. In the last 30 years, between 1990 and 2020, the carbon emission has increased by 50%. And by the end of the century, the global warming will reach about 3 degrees Celsius. So this is a concern, I think advanced economies as well as developing countries should be looking. On the second team, the rise of China, what I would like to highlight is the rise of China is a reality. It's not a theoretical or a debatable issue. China is a propeller of the global economy. 30% of the growth rate globally every single year in the last few years is generated by China. So it has a significant influence in the global economic growth. We have also seen China's contribution in global GDP is increasing. By year 2000, China's GDP was only about $1 trillion. And in 2020, China's GDP is reaching $15 trillion, which is 16% of global GDP. And 27% of global manufacturing is concentrated in China. This gives a great impetus in terms of influence in trade, in investment, and also in global order as well. And we have seen significant improvement in the livelihood of the Chinese people, especially the contribution in terms of poverty elevation. And this is linked also with improving the well-being of the global population. On the green economy, I would like to highlight this point. The Chinese are making critical advancement in this area. It may be debatable to say that China is focusing on building a sustainable environment, not from the belief that climate change is a major risk. But definitely what is critical is they are working that the current strategy of consumption of significant material and the damage to the environment cannot be sustained. So they are looking at their competitiveness and China is becoming a renewable superpower. China has now generates 700 gigawatt of renewable energy, which is equivalent to the combined generation of renewable energy in the US, Germany, India, and Brazil. And this is quite important in terms of building circular economy. So the Chinese effect, the China effect, and as a global public good is an important area we need to consider. The last point I would like to focus is what is the implication of these two critical issues, the global economic outlook and the rise of China. And here my perspective on this issue is we are aware about the increased protectionism and the trade war as Oliver indicated earlier. However, what we need to see is there are two approaches we may need to consider or two avenues. One is who gets a bigger share from the existing cake is one issue. And this is linked with the friction between China and the US or among the advanced economies. However, there is a second way of looking at this issue. How can we make the pie bigger so that the economy grows faster so that prosperity could be ensured and we can prevent the looming crisis and recession. And it's absolutely critical that thinkers and policymakers consider that the common win-win position is going to be critical in our approach. In Africa, China is involved, is a critical player. It's one of the top four investors in Africa along the US, UK, and France. It's the largest trading partner of Africa and we could see the trade volume increasing from $10 billion in year 2000 to $220 billion in 2014. And it's also a major financier in infrastructure. These are quite critical and we, as Africans, we don't see this as a scramble for Africa. We are engaged without traditional partners with Europe, with the US, but Africa should also engage with China and then try to exploit what could positively be generated. So in broad, again, we need to have a realistic optimism. And I don't think there is a need for being alarmist, but we also need to focus on big powers and developing countries, I believe, should work on how to make the pie bigger and to see a win-win so that humanity can be saved and prosperity could be sustained. Thank you. Thank you very much, Olivier. I was struck by a remark that RKB made about FDI. And I think that it links nicely to the points I made and may be useful, which is, on the one hand, if you're a firm, you would like them to do FDI in another country because of the tariff uncertainty and so on. So you're going to kind of pull back. At the same time, the fact that the interest rates are so damn low on bonds of major governments in advanced economies means that it is very attractive, from a financial point of view, to actually invest in countries which have their act together, like Ethiopia. So I suspect that if we look at FDI, it's probably the extension between the two, which determines whether there is FDI in a country or not. But clearly, there are possibilities. Low rates are good for Africa, potentially. Actually, this is an important point. Ethiopia had focused on attracting FDI the last six, seven years in particular. And the prime focus has been on productive investment, especially in manufacturing. And between year 2012 and 2017, FDI inflow increased by four-fold. And its share in Africa's FDI inflow increased from 1% to 10% of Africa's FDI inflow. And in East Africa, it increased from 10% close to 50% of FDI inflow. And it's true, as you indicated, that this is an area we need to tap.