Hong Kong is an ideal city for these kind of operations because of huge population density and everybody's living in high-rises. The property boom in Asia ended in a bust, and it's still generally not as exciting, and we don't see it as a real organic-growth story in the coming years. We're wary of lots of big petrochemical conglomerates in the region, where their balance sheets are highly leveraged and they're highly exposed to the cycles. That was a cardinal sin in our book, and until the government renounces that policy, we've been unwilling to go back. Our biggest fear is capital controls, and the tendency to impose them at whim is scary to us.
Japan is a different and separate case.
The domestic economy doesn't look terrible. There are lots of mixed signs on the economic front. Things aren't doing great, but they aren't necessarily doing that badly. Everybody kind of panicked in the last quarter, said it was going back into recession. That remains unclear.