Understanding China, One Blog at a Time

An American in China

Archive for June 5th, 2011

Photo of Chinese Boat Truck Thing

Posted by w_thames_the_d on June 5, 2011


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Chinese Bomber Forces Governmental Change

Posted by w_thames_the_d on June 5, 2011


Remember the triple bombings in Southern China a bit ago? Well they have apparently served their purpose. In what has to be the oddest sort of justice, China has now sacked the officials of whose policy those bombing attacks took exception. Apparenlty some old man was upset with his land loss so he allegedly

wantchinatimes

Two officials of Fuzhou City in east China’s Jiangxi Province have been sacked after a string of explosions hit the city’s government buildings late last month, local authorities said on Sunday. Fu Qing, secretary of Linchuan District’s committee of the Communist Party of China (CPC), and Xi Dongsen, head of Linchuan District, were removed from their posts Saturday, a spokesman for the Fuzhou municipal government said.
Resident Qian Mingqi, who disputed with the local government over resettlement compensation, is believed to have caused the explosions on May 26 near the city’s procuratorate office, the Linchuan district government office and the district’s food and drug administration. Qian himself was killed in the explosions along with two guards and an employee of the district’s bureau of water resources, the spokesman said.
Qian had been demanding more compensation after being resettled to make way for a highway in 2002. The government offered to compensate him at 1.8 times of the market price at the end of 2010 but he refused. A local court in Fuzhou was reviewing the case, the spokesman said. Li Zhifu, secretary of the Yihuang County committee of the CPC, was appointed to replace Fu. Fang Baichun, deputy head of Linchuan District, was named acting head of the district.
 

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Minimum Wage in Hong Kong

Posted by w_thames_the_d on June 5, 2011


The statutory minimum wage in Hong Kong is 28 HK dollars or U$3.6 per hour

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China’s Housing Bubble

Posted by w_thames_the_d on June 5, 2011


From the FT.com

On the outskirts of Beijing, near the airport, there are dozens of gated villa communities with names like Palm Beach, Cathay View, Le Leman Lake and Maison De Bourbon.
Despite their grandiose names, even the nicest of these developments resembles a nondescript outer suburb of Houston or Las Vegas. Many are shoddily built and poorly insulated, with a tiny strip of dirt for a backyard and the side of a neighbour’s house for a view.
But the going rate for a decent Beijing villa is about Rmb40m ($6m), enough to buy a nice London mansion or a luxury apartment in Manhattan.
With about 30 similar new developments under construction in the vicinity and empty farmland for miles around, it is hard to argue that these prices are sustainable.
Beijing luxury villas are an extreme example and don’t represent the entire market but in many cities across the country average house prices are more than 10 times average annual household incomes. Prices of about three times average annual incomes are considered normal in developed economies and prices of five to seven times are more common in other Asian economies.
China property bulls argue that official figures significantly understate real incomes by not including so-called “grey income” – bribes, kickbacks and tax evasion scams that do not show up in official data and could equate to a quarter of reported incomes by some estimates.
The optimists also argue that crazy high prices are supported by government compensation given to households living in the countless inner-city buildings that are being demolished for redevelopment across the country. These handouts allow relocated households to afford far higher prices for their new apartments than their income would suggest.
That is why Beijing and other large cities are full of drivers and blue collar workers on salaries of Rmb2,500 per month who are millionaires on paper because of the rise in the value of apartments they received as compensation for their demolished homes.
But even the most bullish bubble deniers admit that housing prices are too high in China and are unsustainable at current levels over the long term.
The question is, given what’s at stake for China, the Communist party and the global economy, will Beijing be able to bring prices down gradually without provoking a giant pop?

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Photo Outside Chinese Kitchen

Posted by w_thames_the_d on June 5, 2011


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Chengde China Photo

Posted by w_thames_the_d on June 5, 2011


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Booger Biker Redoux

Posted by w_thames_the_d on June 5, 2011


Here is the photo from this post
https://wtdevflnt.wordpress.com/2011/06/05/booger-biker-chinese-guy-digging-for-gold-as-he-bikes/

This is the booger biker

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Japanese Restaurant Photo

Posted by w_thames_the_d on June 5, 2011


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China Limiting Access to Foreign Sites- China Blocks Net Traffic Again

Posted by w_thames_the_d on June 5, 2011


Yahoo and gmail service has been sketchy lately, not to mention google itself. It’s often unaccessable or times out. Apparenlty the Chinese are limiting our isps to access these sites.
from globaltimes from crienglish.com
The Global Times is even reporting that employees of Internet service provider, Blue Wave Broadband World, were told that “the company was instructed to limit access to foreign sites by allowing only a set number of IP addresses to visit overseas websites at one time”.
Global Voices Advocacy, a pressure group say that China has been using “monitoring software on routers that direct Internet traffic within and across China’s borders.”

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2 2 Chinese Rabbit

Posted by w_thames_the_d on June 5, 2011


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