Eye on China Consumers–MNC View Series 65：Carrefour LFL sales further deteriorated in the first quarter China：March exports disappointed,with lingering lunar new year distortions;trade surplus narrowed to $3.1 billion China Property：More policy easing;identifying key beneficiaries China Wind Power-H shares：More potential upside backed up by real operating improvement Global Developed Markets Strategy Dashboards Slower capacity growth offset by lower interest rates; Sell First to Market Autos Valuation Comp Sheet Key Trades and Risks：Emerging Markets Equity Strategy JPM Asia Telco Investing our Recommendations：Back Testing Analysis-10th Apr 2015