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Archive for June, 2010

Urban Biking in China(城市的自行车) Posted by on Jun 28, 2010

It’s not surprising that there are more than 100 cities in China with a population of at least 1 million people. Following rampant development, China has turned to mega-cities as concrete jungles house nearly half of the 1.4 billion people in the mainland today. So even in a country geographically vast, urbanization or 城市化 (chéngshìhuà)…

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Cheers: Drinking Culture in China (干杯) Posted by on Jun 25, 2010

I once found myself amidst an extravagant Chinese wedding in northwest Beijing, as one of only three guest 老外s in a sea of Chinese family members and friends. Upon entering the banquet hall, and much to my confusion, we were seated at the central table with the parents of the newly weds. Within seconds of…

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Strategies During Currency Revaluation Posted by on Jun 23, 2010

Careful investors are watchfully waiting to see what will happen with the RMB over the next couple of months. As the Chinese government is the largest holder of US T-bills (there was a recent news article indicating otherwise, but by combining holdings between the Mainland and the Special Administrative Regions, it still is the largest holder) as…

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Dragon Boating Posted by on Jun 21, 2010

Last week was 端午节 (duan1wu3jie2 – Dragon Boat Festival), the holiday which 纪念 (ji4nian4 – commemorates) commemorating the passing of 屈原 (qu1yuan2 – Qu Yuan), a patriotic poet who had been 放逐 (fang4zhu2 – exiled) from his country, the kingdom of Chu.  He is commemorated because of his loyalty to the people of his country. …

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Group Purchasing Posted by on Jun 17, 2010

While on the train to the Shenzhen border from Hong Kong, I saw a group of 12 people 手忙脚乱 (shou3mang2jiao3luan4 – lit. hand busy foot chaotic, “rushing”)  to fit some objects into their bags.   I had seen this sight before. There’s an interesting phenomenon in China called 团购 (tuan2gou4 – group purchasing), where large groups…

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