vasu: the asian.active number two, the asian market has a plane to the do must of market. china is focusing on self-reliance, its domestic economy, consumer spending. essentially, trying to boost manufacturing activities. domestic places will benefit. asia is well-positioned to benefit from the pickup in domestic demand, consumption and otherwise. we're positive and the asian market compared to the h-share market. paul: i know you like industrials as well. this is despite a backdrop of recession risk in developed markets, persistent inflation as well. why do you like industrials? vasu: no doubt, the risk on the global front in terms of a slowdown in the global economy, inflation, but when it comes to china, domestic industrials, i think it's cool for china investors. the government is focused on domestic demand. chinese industrials will benefit from the pickup in domestic demand and the interest in capex, as far as energy transmission is concerned, renewables are concerned. we think there is scope for