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From the Web
Danwei Picks: 2007-01-15Posted by Joel Martinsen, January 15, 2008 11:36 PM
Danwei Picks is a daily digest of the "From the Web" links found on the Danwei homepage. A feed for the links as they are posted throughout the day is available at Feedsky (in China) or Feedburner (outside China). China vs California by train: Luke Mines of Sexy Beijing compares similar rail journeys in California and China. Qingdao to Beijing is 830 km and takes 5+ hours. Los Angeles to San Francisco is 559 km and takes 11+ hours. Shandong province (home of Qingdao) has a per capita income of $3,250. California has a per capita income of $38,956. What is wrong with this picture? See the full post for details of California's Third World train system and how poorly it compares to China's expanding rail network.
'Buy a certain stock before they do, because usually if a publicly run fund would buy certain shares, the price would go up,' Lin [Rongshi, a rpivate fund manager] says. 'They notify us first, and they would buy a few days later [for the fund], then they would come back to us to split the profit I make from buying at a lower price.'
There are currently 2 Comments for Danwei Picks: 2007-01-15.
Comments on Danwei Picks: 2007-01-15of course the iphone won't be picked up by china mobile! can you imagine the chaos and confusion that would reign if people tried to use voicemail here? So the stockmarkets in China are full of crooks? Is that a revelation? ALL stockmarkets are full of crooks. What about the old & seasoned crooks, who are infinitely more artful: am thinking of the American mortgage horror -- now spreading world-wide & likely to impact YOUR bank & assets & pension fund. "Financial SARS". |
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