belita, great to have you with us.e know the crackdown has subsided a little bit, how much of this is to do with transparency and clarity of what leadership will do with these businesses? belita: thank you for having me back. as i mentioned before dalton invests one company at a time and we are looking to invest in businesses we can purchase with margin of safety along with entre nous or whose interests are along with ours. we have found it very difficult to invest in china. most recently because of the declines. there were options to invest in some strategic companies such as fashion companies, and because of the huge rise in prices, we are out of china again. the issues we have with china have to do with the fact that there is very little alignment of interests. more and more companies are becoming nationalized. entre nous's are being punished for speaking out and i would say creativity is being dampened. those things make it hard for us to invest in china. furthermore, at this point we believe there are headwinds. f