Like any economy there are business cycles and these will occur in China like they do anywhere else. The key for us is going to be our position in large, low cost assets...that we can manage through those times. The fact is that growth continues in China ,
We stick with our projections...that 2005 will be an above trend growth year in terms of global demand but it will be a little bit below 2004 - the best year for the last three decades for global growth.
Underlying demand is very strong. We continue to be optimistic about China. As you look around the world, growth continues to look good.