Reading Time: < 1 minute That’s how I felt after spending a lot time in China in last 2 years. China is essentially the US in 1950 and 60s. The cars. The urbanization (people move from rural areas to cities). The chain restaurants, hotels, and hair salons. The malls. The new industrial zone such as ZhangJiang and MinHang. The credit
Reading Time: < 1 minute Here are some of the pictures I took at ZiZhu IT Clusters (ZiZhu info and digital harbor if directly translated from Chinese). These buildings look like the ones in the States. Both Microsoft and Intel have presence there. Second picture is taken at JiaoDa MinHang Campus, which is near the IT cluster. Two of my family
Reading Time: < 1 minute I believe the dealine is April 17 in the US. If you have not done so, this is a good time to do so. I found the Turbo Tax Online discount link still works (15% off). On a separate note, more than 1.6 million people in China filed personal income tax for last year. Only individual
Reading Time: < 1 minute I remember in the old days (15 years ago) it took 8 hours to travel from Shanghai to Ningbo. Now it took less than 4 hours. They are raising the speed again this year, according to the news. The D series train is expected to travel at 200 Km per hour, much faster than 40
Reading Time: < 1 minute Hit new high today, it closed above 3500 today (3531 to be exact). I heard from the news on April 9, there were 180,000 new stock trading accounts being opened. As you may know the new accounts and trading volume of 1st quarter already exceeded last year’s No. Feel the power of Chinese stock investors
Reading Time: 2 minutes I started using online banking a few months ago because I want to check out the balance in my account (at the time I was in the US, there are no ATMs I can go check my balance). This is reletively simple at cmbchina, after you install an ActiveX control from the bank. Some open
Reading Time: < 1 minute These days this stock index future is a hot topic in Chinese market. You can read lots of discussion on the web. The concensus is the index will need some sort of adjustment before the debut of index futures. Because most people feel the Shanghai Composite Index is too high (almost 3400 as of today),
Reading Time: < 1 minute I noticed this “English First Co.”, which is 2008 Beijing Olympics language training partner, because of their ubiquious ads (outside and inside) Cloud 9 building. I understand there are at least 2 levels of Olympics partners. Lenovo, Haier and Coke Cola, etc are exclusive sponsors (in its product category). In other words, they gave more money to Olympics committe and they got more
Reading Time: < 1 minute Fuwei Film (FFHL) stock got a 22% jump today after it announced a very good earning report. Interestingly, I was thinking about this little known company lately. Why? Because I noticed a few days ago it got upgrade from Maxim analyst. The stock went up about 10% and dropped back to 10 in a few days. More importantly, I
Reading Time: < 1 minute The first quarter is behind us. Just like a public company reporting quarterly results and holding conference call, I am going to do a quick review of my little portfolio. This quarter is a quite rollercoaster for me, as it did for many investors. The Jan and Feb started fairly strong and at one time I
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