initiation of asio reserve. when you increase that liquidity, that amounts to upside on dollar china. talkther things i would about specifically is when you look at bloomberg's own monetary conditions index for china, that had shown the monetary conditions in china had been getting too tight in the early second quarter. the reason was the trade weighted depreciation of the renminbi, and they have unwind that and allow for more monetary accommodation and take insurance out against potential tensions having a negative impact on china's economy. rishaad: it is a fine balancing act. do youat what threshold see government support coming in on the currency market because they don't want to exacerbate already open the possibility of capital outflows again? have got quite right. the thing we are watching now is the shanghai a-share composite here it it is in bear territory. we are seeing that selling of equities. that portfolio inflow that was helping the renminbi, particularly when you think china had a q1 current acco