Referring to Unit 7, Activity 3, Task 4 (p. 302), and suppose you were Zhou Hong, write a fax to answer James Crawford from Components (Eastern) Ltd.

在谈到单元7 ，活动3 ，任务4 （第302段） ，并假设你是周红，写传真回答詹姆斯克劳福德从组件（东）有限公司。

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"I see it as a correction within a bull market, " said James Hong, head of equity derivatives trading at Dresdner Kleinwort.

BBC: TV screens showing stock market declines

"Hopewell's cash flow situation is not sustainable, " says Charles Whitworth, an analyst at brokerage James Capel in Hong Kong.

CNN: HANGING ON AT HOPEWELL

Certainly, others have noticed: James Denoon, a Hong Kong entrepreneur who sells private islands, noted in an interview with the South China Morning Post two years ago that wealthy Chinese were starting to snap up private islands along with other luxury status symbols.

WSJ: Island Shopping | WSJ.Money Summer 2013