they claim they have solved the  problem of multinational taxation but it's it's   a bit ridiculous how little they have done the  minimum tax rate of 15 percent is ridiculously   small and also it's only sort of sharing sort of  rich countries are sharing between themselves you   00:33:10 know the tax base that is currently in tax haven  but countries in the south in the global south   basically don't get anything and i think that's an  that's an issue that's something an area in which   the pressure of the chinese counter model in  the future maybe will contribute to induce   rich countries to to to to to to to have a bit  more you know inclusive attitude towards the   00:33:37 the south also well if they don't do  it i mean you know if they don't do it   in effect china will finance the investment and  the infrastructure investment that is needed in   africa and in south asia and and that's that's  you know this is at some point you know fully uh   western countries will realize that they have to  change something otherwise they will just lose any   any influence and any capacity to influence the  world