> There's an implicit "because of this" between the two bullet points.
Not about this being the most significant factor. You've decided to infer that from the list - most of us didn't because he _explicitly_ says so in his last sentence. They also had influence over this particular issue, unlike the macroeconomics of China.
Not about this being the most significant factor. You've decided to infer that from the list - most of us didn't because he _explicitly_ says so in his last sentence. They also had influence over this particular issue, unlike the macroeconomics of China.