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Risk-Hungry Investors Look to the Shenzhen Bourse
The Shenzhen Stock Exchange seems slight compared to its sister market in Shanghai, representing only a fifth of China’s $2.8 trillion market capitalization. But Shenzhen has a key growth engine, a three-year-old, 153-company Small and Medium Enterprises trading venue, or SME. The SME is helping Shenzhen position itself as the place for Chinese investors looking [...]
Property Prices Rise 7.5% in July
Property prices in 70 of China’s large and midsize cities last month climbed 7.5% from a year earlier, posting the biggest gain this year. Prices increased 7.1% in June. Prices rose 16.1% in Shenzhen and 11.6% in Beijing last month, the National Development and Reform Commission said. In Shanghai, prices increased 2.1%. Read Original Post [...]
Chinese Version of the “Birds and the Bees”
I was hanging out with a friend a couple of days ago, just screwing around, wasting time. My friend has a belly button ring, so I was joking around that she was hampering her reproductive organs. This might not make sense for my western readers….but in China, when kids ask the world-wide question: “mommy, where [...]
Chengdu in the News: August
It’s that time again, and for those of you who are looking to keep up with the news in Chengdu you will not be disappointed. There is a lot of investment going on. EMC set up its 7th solution center with investment of RMB 50 million yuan The world’s biggest IT storage company – EMC [...]
Construction Begins On Solar Plant
China has begun building the nation’s largest solar power plant using concentrating photovoltaic modules as part of efforts to boost use of renewable energy, the Ministry of Commerce said. The plant, in Xichang city, is designed to have a capacity of 10 megawatts compared with one in Shenzhen, which is currently the largest, with a [...]
iPhone: Made In Shenzhen, Assembled by Foxconn
the iPhone is quite simply the reason I believed in Apple as a company 18 months ago when I bought shares. As I have mentioned on a number of occasions, it is its telecommunicationally challenged brother the iPod that has been a form of rechargeable sanity for most of my time in China… and that [...]
China & Morality
One of the most interesting things about living in China is the underlying sense of morality…. or the lack there of. From my time living here, I really believe that anything and everything can happen. Although the vast majority have a decent sense of what’s right and wrong, a lot of people clearly don’t have [...]
Chinese Thieves Revealed
This is an issue that everyone who lives in a big city has to deal with. It’s something unpleasant, disgraceful, kinda sad, and ultimately just sucks. Yes, I’m talking about thieves, pick-pockets, purse snatchers, whatever you want to call it. As a relatively forgetful person, I’ve had many encounters with people taking my stuff. The [...]
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