They have a policy in China for their big companies called "Go abroad." It's a rational thing for both the company and the country to say, "We want big, successful companies." Particularly in areas where they need it: agriculture, energy, technology. I think banking, too. One or two have bought a trading house. Some have already begun expanding around the world. Of course they're going to have those ambitions. Why wouldn't they? They're just doing it methodically. It's a logical strategy and, well-executed, they will succeed.

We're diversified, we're stable and consistent. Our businesses benefit from each other.

There is a lot of focus on that first rate move, and I'm not sure how important that is.

Our plate is full. We have a lot to do building our company organically and that is our key focus.

They have a policy in China for their big companies called "Go abroad." It's a rational thing for both the company and the country to say, "We want big, successful companies." Particularly in areas where they need it: agriculture, energy, technology. I think banking, too. One or two have bought a trading house. Some have already begun expanding around the world. Of course they're going to have those ambitions. Why wouldn't they? They're just doing it methodically. It's a logical strategy and, well-executed, they will succeed.

I've always been a ... believer in good regulation.

If you can't use dividends, it's not a bad thing to give it back to your shareholders. They'll use it somewhere else.