I think it is a relatively safe bet rmb will rise 5/7% per annum vs. USD. I am thinking well leased office building and shopping mall. Desmond Shum If 2011-9-17 , 9:44 , "Jeffrey Epstein" <jeevacation@gmail.com> 3N : currency risk? businesses are too complicated , leveraged securitties seem tomake more sense 2011/9/16 Desmond shum <E > With US interest rate at such low level and Ina sustained way. How to do a carry trade - borrow in US and invest in China? Buy a leveragable business? China is in for a period of credit squeeze. There are stable yield asset for purchase. I thought this is an interesting opportunity. Your thought? Desmond Shum ************************ ******************* **************** The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_02212322 EFTA02724957