I haven’t been as pessimistic as most of the around China. We have to realise and focus very much on the medium and long term opportunity in China. Japan has been deeply unfashionable for a very long time. For Japan we do see as a long term story. India is a very obviously choice for somebody invest we say at the investment destination of the decade. We think it would be a big mistake to not to have China in portfolios. India is like having a lot of. Investors who used to traditionally invest in say, gold and real estate are coming into the markets. Japan is one of our most important markets outside of the US We have invested in China. We continue to invest in China. We do think that China is investable. It’s definitely not contrarian to be optimistic about Japan anymore.
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