The impact is presumably larger than the Asians' on global interest rates.

This year I wanted to get the buzz out there and create some interest, ... Like any organization getting off the ground, you keep building and getting better and better at it. That's how we're gonna do it.

Sales in China are going really well. We're getting a lot of interest. We're very excited.

This year's mild winter, healthier inventory levels and steady climb in interest rates have made for a busier than normal early spring market.

no direct or indirect ownership interest in Amici.

I think their real interest is using the partner bank in China to distribute financial products and services that would be very difficult for them to do on their own. If you view the stake as the cost of obtaining access to the client base, it could be worthwhile in the long term as long as those joint ventures turn out to be profitable.