I'm wondering if you could add a post-script to this piece and discuss Blackstone's retreat from its real estate acquisition in China. I suspect that you might say that Blackstone's action was deal-specific. And, you might also say that investment in China is unavoidable given the size of its market. But, what I am hoping you will say is that Chinese leaders live in fear of the peasant class and will protect that class (and the stability that currently exists) without regard to legalities and/or economic rights of Western or Chinese upper-class market participants. Therefore, investing in China presents risks that are somewhat different from those that exist in the West.