If you’ve got the power to raise prices without losing business to a competitor, you’ve got a very good business. And if you have to have a prayer session before raising the price by 10 percent, then you’ve got a terrible business. — Warren Buffet, http://www.bloomberg.com/news/2011-02-18/buffett-says-pricing-power-more-important-than-good-management.html

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Uncategorized (无大类）

Brookings: US-China Strategic Distrust

Very accurate review of Sino-US relations by the Brookings Institute. Brief (six minute) video. Kenneth G. Lieberthal, April 02, 2010 Although both Beijing and Washington consider the U.S.-China relationship to be the most important in the world, distrust of each other’s long term intentions (“strategic distrust”) has grown to a dangerous degree. The coauthors of [...]

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Uncategorized (无大类）

China Telecom “temp_box” Popup Ads 中国电信运营商投放广告

“China Telecom” high-speed Internet service in Shanghai is actually quite good, much better than anything else I’ve used in Mainland China during six years of extensive travel here, but I noticed ads started popping up on pages that I’m certain never had ads before. Moreover, the ads all look the same. I did a bit [...]

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China (中国）, Economics （经济学）

Chinese Real-Estate Bubble Pops Day₀

I spent quite a bit of time writing about the Chinese Real-Estate bubble in 2009-2010. Back in 2005, the bubble (based on affordability ratios) was already evident, but post Gov’t stimulus boondoggle, the bubble turned into a super-bubble. Sometime in late 2010, I had written everything that I really had to say about it, and [...]

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Shanghai （上海）

Apartment Hunting in Shanghai

Before you start looking for an apartment anywhere, the first step it to set your budget. I was also quite surprised to find that rents for newer (built after 2008) building are significantly higher than for buildings that are just slightly older. The reason, is due to the amount that the land lord paid when [...]

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Uncategorized (无大类）

Rittenberg’s People’s Daily Article – April 8th 1967

Sidney Rittenberg came to China in 1944, after 2 years studying Chinese at Stanford. He lived in China from 1944 – 1949 (5 years) and was then imprisoned for 6 years (1949 – 1955). During the Cultural Revolution, Twelve years after his release (total of 23 years in China) he managed to take control of [...]

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Uncategorized (无大类）

Brookings: US-China Strategic Distrust

Posted on 02 May 2012

Very accurate review of Sino-US relations by the Brookings Institute. Brief (six minute) video. Kenneth G. Lieberthal, April 02, 2010 Although both Beijing and Washington consider the U.S.-China relationship to be the most important in the world, distrust of each other’s long term intentions (“strategic distrust”) has grown to a dangerous degree. The coauthors of [...] Continue Reading

Uncategorized (无大类）

China Telecom “temp_box” Popup Ads 中国电信运营商投放广告

Posted on 04 January 2012

“China Telecom” high-speed Internet service in Shanghai is actually quite good, much better than anything else I’ve used in Mainland China during six years of extensive travel here, but I noticed ads started popping up on pages that I’m certain never had ads before. Moreover, the ads all look the same. I did a bit [...] Continue Reading

China (中国）, Economics （经济学）

Chinese Real-Estate Bubble Pops Day₀

Posted on 20 December 2011

I spent quite a bit of time writing about the Chinese Real-Estate bubble in 2009-2010. Back in 2005, the bubble (based on affordability ratios) was already evident, but post Gov’t stimulus boondoggle, the bubble turned into a super-bubble. Sometime in late 2010, I had written everything that I really had to say about it, and [...] Continue Reading

Shanghai （上海）

Apartment Hunting in Shanghai

Posted on 01 November 2011

Before you start looking for an apartment anywhere, the first step it to set your budget. I was also quite surprised to find that rents for newer (built after 2008) building are significantly higher than for buildings that are just slightly older. The reason, is due to the amount that the land lord paid when [...] Continue Reading

Uncategorized (无大类）

Rittenberg’s People’s Daily Article – April 8th 1967

Posted on 29 August 2011

Sidney Rittenberg came to China in 1944, after 2 years studying Chinese at Stanford. He lived in China from 1944 – 1949 (5 years) and was then imprisoned for 6 years (1949 – 1955). During the Cultural Revolution, Twelve years after his release (total of 23 years in China) he managed to take control of [...] Continue Reading

China (中国）, Economics （经济学）

Chinese Income Gap – Problem?

Posted on 12 August 2011

If you spend any amount of time in any of China’s cities, it will not take long to notice that there are MANY WEALTHY PEOPLE and MORE POOR PEOPLE. China obviously has a massive population – so you get a chance to see more people in a short period of time that almost anywhere else. [...] Continue Reading

Uncategorized (无大类）

The Economist for Free? Only in the Workers’ Paradise

Posted on 04 August 2011

Yesterday a friend of mine was telling me about a chinese website where the economist was translated each week by an army of Chinese volunteers. One of them subscribes to the magazine, and then the rest of them translate and put the translation online for free: 关于我们 ECO中文网创建于2006年，是《经济学人》爱好者的家园，凝聚了世界各地的华人力量翻译每期《经济学人》的精彩文章。《经济学人》最早于1843年9月由詹姆士·威尔逊创办，以独立和全球化的视角著称。创办的目的是“参与一场推动前进的智慧与阻碍我们进步的胆怯无知之间的较量”。 Translation: About Us: The “ECO” Chinese language [...] Continue Reading

Uncategorized (无大类）

The Fed: Enron’s “Raptors” for Government Finance

Posted on 29 April 2011

The Federal Reserve Balance sheet is to the Federal Government what Fastow’s Loss Hiding “Raptors” were to Enron Corporation. The Federal Government has a debt of at least $14.7 Trillion. Additionally, the Federal Reserve has a debt of at least $2.5 Trillion. According to Dean Baker – Center for Economic and Policy Research: There is [...] Continue Reading

Economics （经济学）

Emerging Market Myths

Posted on 08 March 2011

Interesting SeekingAlpha article pointing out credit expansion as an often overlooked factor in developing market growth, and that when credit expansion stops, developing markets may stop developing. It is almost taken for granted that many emerging markets will continue to experience higher growth rates than more established countries including the United States, the U.K., and [...] Continue Reading

Laugh (哈哈哈哈)

New Age terrorists develop homeopathic bomb | NewsBiscuit

Posted on 03 February 2011

New Age terrorists develop homeopathic bomb | NewsBiscuit: “The world has been placed on a heightened security alert following reports that New Age terrorists have harnessed the power of homeopathy for evil. ‘Homeopathic weapons represent a major threat to world peace,’ said President Barack Obama, ‘they might not cause any actual damage but the placebo [...] Continue Reading

China (中国）, Economics （经济学）

The Most Interesting Company in China

Posted on 19 November 2010

In the USA, when you first interact with someone, you assume you are relatively trustworthy and that they are who they say they are, unless they give you some reason to be suspicious. In China, the default stance is that you are always suspicious and you only believe someone is who they say they are, [...] Continue Reading

iPhone

iPhone – Runner’s Best Friend

Posted on 19 November 2010

I’ve been running for years, but while running I’ve always had a few issues come up that are quite irritating: It’s difficult to find a running partner with your same schedule and your same ability. It’s easy to get bored while you’re running – unless you’ve got something to listen to If you do try [...] Continue Reading

China (中国）, Geeking Out（奇客通道)

PPS: Peer-to-Peer Stream on Mac (via Virtualization)

Posted on 17 October 2010

UPDATE PPS releases official Mac version. PPS recently released the first official Mac OS X version of PPStream. Mac OS X “.pkg” or “.dmg” installer packages are available. It’s probably easiest to just grab the installer here pps.dmg. Or you can directly visit the new PPS for Mac download page to view all available options. [...] Continue Reading

Laugh (哈哈哈哈), Photos （照片）

Greatest Golf Photo Ever – Ball at Camera

Posted on 09 October 2010

The Ryder Cup, a competition between the USA and Europe, is held ever other Autumn. Note that prior to 2001 it was held on odd years, 2001 was skipped, so now it’s held on even years. At last weekends Ryder Cup, at the Celtic Manor in Wales, Tiger Woods hit his ball straight at Mail [...] Continue Reading

iPhone, Shanghai （上海）

Google Maps in China: FIXED! (iPhone/iPad)

Posted on 07 October 2010

Google Maps works great in Beijing, but it has never worked accurately in Shanghai or many other parts of China. Countless requests to Google and Apple to fix the problem go unanswered, so we’re forced to take matters into our own hands. You’ll need to Jailbreak your iOS device (which is completely legal), thereby installing [...] Continue Reading

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China (中国） ChinaBubble China Mobile China Phone China Unicom GoodNews Google Maps History (历史） iOS iPad iPhone Jailbreak JimRogers Mac OS X Philosophy （哲学） Shanghai （上海） Transparency USA （美利坚合众国） ZhuRongji

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