hi all. just a little post with regards china as a few here will know that my next project is using unlisted property trusts and equity lending off these trusts into china. well the first one will be going ahead which will be a releave to me as I have put alot of work into it. there is no pds as its fully subscribed with private investment and it will be the first run on the board. my little group has got one power of attorny for a very large chinese construction company and the australian representative for another. this post is more for information and if people want to know about the china market then by all means ask. we are doing double investing that chinese investing here and european/australasians investing there. end product is not going to be marketed at this stage but the group is very divers this may change. china is a very interesting market and if you get invest smart the newsletter or any of the ipo newsletters you will see that there are alot of new funds opening up mac has a few and so has challenger . ours are direct investing but using equity which makes it a bit different and we have set up an equity market that trades direct equity from private investors and not just in australia. the first is an equity lend against a term deposit our prefered option. a very interesting year ahead. any question post here I will try to answer.