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

"The priority right now is to keep the stability of the currency, which has worked very well for Hong Kong both economically and politically, " says James Tien, chairman of the Hong Kong General Chamber of Commerce.

CNN: The Cost of a Pegged Dollar