In the list of tokens, identify 'Person', 'Location', and 'Organisation' and label each accordingly. If the entity spans multiple tokens, use the prefix B-PER, B-LOC, or B-ORG for the first token, and I-PER, I-LOC, or I-ORG for the subsequent tokens of that entity. The beginning of each separate entity should always be labeled with a B-PER, B-LOC, or B-ORG prefix. If the token does not fit into any of the three named categories, or is not a named entity, label it as 'O'. Each line should contain one token and its corresponding label, separated by a colon. Do not combine tokens on your own. The format for each line should be: 'token:label'.

Text: But
China
is
still
a
massive
market
,
and
so
far
--
with
the
exception
of
VW
,
which
is
facing
challenges
around
the
world
,
not
just
in
China
--
we
've
only
seen
stalled
growth
,
not
significant
declines
.
Answer: 
But:O
China:B-LOC
is:O
still:O
a:O
massive:O
market:O
,:O
and:O
so:O
far:O
--:O
with:O
the:O
exception:O
of:O
VW:B-ORG
,:O
which:O
is:O
facing:O
challenges:O
around:O
the:O
world:O
,:O
not:O
just:O
in:O
China:B-LOC
--:O
we:O
've:O
only:O
seen:O
stalled:O
growth:O
,:O
not:O
significant:O
declines:O
.:O