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Beijing, cool things January 3, 2017

Posted by hslu in Travel.
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圖解北京:

北京故宮銅龍雕像

北京街上看到的銅人。

北京烤鴨是一道有名的菜。不過,我覺得它太油。不敢吃。

北京西單市容。我30年前來過。那時候買東西還要糧票。西單是公車集散中心。去長城也從這裏走。在我的印象之中,西單腳踏車多,公車多,人多,路窄。到處都是矮房子。人們身上穿的不是深藍色,就是灰色和黑色的衣服,深色的棉襖和厚厚的棉大衣。西單給我的感覺就跟我離開臺灣時的樣子:落後,退步,沒有一絲生氣。如今年輕小姐穿著時髦,地鐵方便,道路寬廣,高樓大廈到處都是。

西單地鐵站出口。

王府井大街中有一個巷子,裏面有一個很大的賣賣場和一個小吃街。人多的不得了。

    賣場有吃的,有用的,有觀光禮物。許多外國人在這裏逛街,找美食,撿便宜。

    王府井大街邊上巷子裏。狗不理包子。

    有名的鴨子店,全聚德,就在狗不理對面。

    虹橋市場,好大,好幾層樓,好多東西。衣服,珠寶,古玩,鞋子,皮包和皮箱。

    霧霾嚴重。壯觀的鳥巢和水立方廣場都沒有人來參觀。看到幾團觀光客。

    想不想買一部紅旗轎車來開開呢?這是習近平的專車。不過你也可以買一部。H7只要四十萬人民幣。跟習近平的專車一樣的款式要五百萬人民幣。可以擋子彈的不知道要多少錢。

    潘家園古玩市場。我猜全部是贗品。地方很大。慢慢看要半天。

    我們是只看不買。人多的很。

    台北有名的芒果綿冰店在王府井大街的APM百貨公司有一家。冬天太冷沒人來。

    北京冬天冷的出奇。來一碗吧。這麽多我們兩個人怎麼吃的完。

    北京海碗居的炸醬麪好吃。一定要試一試。我們吃個四家的麵。海碗居的最好。

    小夥子在王府井大街附近的金魚胡同擺個手機貼膜的小攤。從沒見過一個客人。可憐的很。怎麼冷的天。

    王府井半島酒店燈火通明。一頓飯是那個小夥子三個月的收入。住一個晚上要四百塊美金。

    北京香港馬會會場。Beijing Hong Kong Jocky Club。你光有錢,沒關係 想進去,對不起,門都沒有。

    我們在這住了三個晚上。很乾淨,沒早飯,交通方便,出了地鐵就在邊上。價錢也很合理。

    北京南站裏的銅雕。

    北京南站的銅雕。

    China: The Good, The Bad and The Ugly – I December 15, 2013

    Posted by hslu in China, Shanghai.
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    The Good

    Chang’e 3 ”嫦娥三号” has successfully landed on the Moon!

    http://www.planetary.org/blogs/emily-lakdawalla/2013/12140619-change-3-has-successfully-landed.html

    The official landing time was 8:11 a.m. EST on 2013/12/14 and the rover, called ‘Jade Rabbit,’ or 玉兔, has been deployed successfully too.

    Great! People at China Aerospace Science and Technology Corporation (中國航天) deserve a big hand for their achievement.

    Now, let’s see what China can do from this wonderful beginning..

    The Bad

    China’s Housing Bubble

    Apartments in many major cities in China, such as Beijing and Shanghai, have seen their prices gone up many times over the last ten years.

    http://www.cnn.com/2013/11/07/business/china-property-bubble/

    Some apartments in Beijing which are located close to top quality schools can fetch as much as ¥70,000 per square meter, or about $1,060 USD per square foot at current exchange rate of 6.0718 USD/CNY .

    That’s simply ridiculous.

    Of course, this is an extreme. But, how can people afford a house when prices keep going up in the face of government regulations over the past three years?

    There are many reasons for the rising real estate prices and, if the trend continues, the housing bubble will burst sometime. One of the reasons is that there are few options for Chinese people to invest their money in because China’s financial system is not very well developed. Furthermore, the China’s social welfare system is inadequate and Chinese people are doing what they have known for centuries to maintain their wealth:

    有土斯有财

    Well, we’ll have to wait and see what happens next.

    The Ugly

    雾霾

    Tourists at “The Bund” in Shanghai could barely see the Oriental Pearl in Pudong.

    Source: Google image.

    Now, this is ugly and there is no other way to put it. This is a picture from Google image for Shanghai and it is widely known that the situation in Beijing is even worse.

    It is called 雾霾.

    I know what 雾 is. It is fog and is pronounced “wu4.”

    But I have to admit that I don’t know what 霾 is and I have never used it before. To make the matter worse, I don’t even know how to pronounce it.

    Well, Chinese have a way to pronounce a word that we don’t recognize: “有边念边 没边念上下.” According to this rule of thumb, I’ll pronounce 霾 “li1.” But that’s not correct. It actually pronounces “hai2” and it means haze.

    This is a very serious problem and it gives China a black eye. Unfortunately, it will take years to reverse the trend. 

    Since China relies on coal to generate ~70% of its electricity and Chinese are buying cars as fast as the government allows them to, 雾霾 is what you’ll get when the weather is damp and cold. What China needs to do and, it is actually doing it, is to convert the coal-fired power plants to natural gas and nuclear plants.

    China has signed agreements with Russia, Myanmar, Australia and Central Asian countries to import vast amount of natural gas and natural gas products. It is also investing huge capitals to produce gas from deep water, shale and reservoirs in China’s provinces in the west.

    For instance, China, in a JV with Husky, will begin operation at its first deep-water natural-gas project in South China Sea called Liwan-3 Deepsea Gas Field “荔湾3-1海上天然气气田” which is about 200 miles southeast of Hong Kong

    This deep sea project is part of China’s effort to increase the use of gas to ~10% of China’s energy mix by 2020.

    Some progress is being made, slowly but surely. 

    Must See:世界遺產在中國 August 13, 2013

    Posted by hslu in China.
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    World Heritage sites in China, 世界遺產在中國, is an informative and nicely made documentary video series that you have to watch.

    It will take you some time and effort though: 38 video shows with about 30 minutes each. But it is absolutely worth every minute of your precious time.

    China, a mysterious and beautiful place.

    It has been five thousand years in the making. 1.3 billion people occupy a piece of land stretching from 黑龙江 in the north, to 海南岛 in the south, Taiwan island in the east and 新疆 in the west. A history filled with brutal wars against outside invasions and numerous civil wars which pit one tribe/nation against another. Dynasty after dynasty typified power struggles within the royal families and the severe hardship Chinese people had to endure in the past. 

    Yet, over the past five millenniums, our ancestors have left us countless treasuries and their beauties have y absolutely captivated my attention. Some of the UNESCO World Heritage Sites are included in this video series. I hope you will enjoy them as much as I do.

    My wife and I have been only to a few of these sites. We wish we can visit many of them in the near future.

    http://space.tv.cctv.com/podcast/sjyczzg

    01. 青城山與都江堰

    02. 黃山
    03. 大足石刻
    04. 新疆维吾尔-木卡姆
    05. 九寨沟风景名胜区

    06. 武当山古建筑群
    07. 周口店北京人遗址
    08. 龙门石窟
    09. 黄龙风景名胜区
    10. 峨眉山和乐山大佛

    11. 昆曲
    12. 平遥古城
    13. 苏州古典园林
    14. 承德避暑山庄和周围寺庙
    15. 澳门历史城区

    16. 三江并流
    17. 曲阜孔林、孔府、孔庙
    18. 云岗石窟
    19. 泰山
    20. 皖南古村落——西递·宏村

    21. 武夷山
    22. 秦始皇陵 1
    23. 秦始皇陵 2
    24. 秦始皇陵 3
    25. 武陵源风景名胜区

    26. 明清故宮 1
    27. 明清故宮 2
    28. 天坛
    29. 开平碉楼与村落
    30. 丽江古城

    31. 河南殷墟
    32. 古琴
    33. 拉萨布达拉宫、罗布林卡和大昭寺
    34. 庐山

    35. 長城 1
    36. 長城 2
    37. 莫高窟 1
    38. 莫高窟 2

    China’s Ambitious Agenda in its smallest Province; 海南省 August 3, 2013

    Posted by hslu in China, Economics, Energy, Oil.
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    China’s Ambitious Agenda – View from one Province’s Construction Projects

    I came across this announcement while searching for a vacation spot in China. I was amazed by the number of project initiatives completed and proposed by one of the smallest provinces in China – Hainan Province 海南省. I included Hainan in my Internet search because one of my chefs is from Hainan.

    It is an list of projects to be discussed at a provincial level meetings held recently in March of 2013. There were 349 projects all together. Some projects are funded by the government while others are from private sources. The enormity of these projects is simply amazing. The total amount of the investment is 1.51万亿元, or US $246,249,184,605.35 at current exchange rate of 6.1320 RMB/USD. That’s $246.3 billion. Of course, this amount is stretched out over many years.

    Here is the situation of Hainan Province; one of the smallest and one the poorest province in China:

    Population       8,671,518                    0.64% of China’s total

    Area                33,920 km2                  0.35%

    GDP                 US$ 39.9 billion           0.32%

    Here are some of the projects:

    Two airports, a nuclear power plant, several chemical/refinery projects, a new fishing fleet of 188 ship, six 5-star hotels, water plant, electric plant, hydraulic project, sea port, a massive (three million acre) vegetable farm for winter vegetables, several stretches of highways, a high speed railroad, a LNG terminal, a paper plant, three airports, several vacation and resorts projects.

    Hmmm…, I wonder what China is up to in Hainan other than building China’s fourth satellite launch pad, the first since the 1960’s.

    One thing is so clear in Hainan when compared to the situation in the U.S.: without a centralized government in China, many projects have little hope to get them started if only private funding is involved; the way it is done in the United States. The fact that China has a vast amount of resources is also on display here.

    You can draw your own conclusions.

    Interesting!

    2013年海南省全省重点项目建设工作会议昨召开

    琼海博鳌机场、乐东西南部电厂、博鳌国际会展城等项目今年开工

    (2013年) 3月20日,全省重点项目建设工作会议在海口召开。会议指出,我省将2013年继续确定为“项目建设年”,省政府确定今年建设省重点项目349个(其中,结转项目159个,新增项目190个),项目总投资1.51万亿元,至今已累计完成投资2542亿元,今年计划投资1505亿元。其中,备受瞩目的海南航天发射场计划6月达到合练条件,2014年进行首飞,配套公路今年底建成通车。

    一、计划竣工项目

    1、中海油精细化工一期工程

    总投资43亿元,到2012年底已完成投资14亿元。2013年计划投资21亿元,计划今年6月建成竣工。项目建成后,年产值90亿元,年税收12.4亿元。

    2、红岭水利枢纽工程

    总投资25亿元,其中,中央投资10.8亿元,到2012年底已完成投资16.9亿元,2013年计划投资8.2亿元,计划今年12月库区工程竣工。项目建成后,增加水库库容6.62亿立方米,增加装机容量4.2万千瓦。

    3、海洋渔船更新改造项目

    总投资14.7亿元,计划建造海洋渔船188艘。其中,中央补助投资3.8亿元已到位。2013年计划投资10.8亿元,计划今年10月竣工。

    4、60万吨聚酯原料项目

    总投资30.9亿元,到2012年底已完成投资13亿元。2013年计划投资12亿元,争取单机试运行、压缩机负荷试车,整体工程计划今年10月建成投产。项目建成后,年产值30亿元,年税收3亿元。

    5、航天发射场配套道路东郊至龙楼段工程

    全长19.2公里,总投资9.4亿元。到2012年底已完成投资4.1亿元,2013年计划投资4.3亿元。发射场计划6月达到合练条件,2014年进行首飞。配套公路必须今年底建成通车。

    6、海南炼化码头泊位改扩建工程

    总投资11.53亿元,改造30万吨级原油码头和10万吨级成品油码头。到2012年底已完成投资6亿元,2013年计划投资5.5亿元,计划今年12月建成竣工。项目建成后,年增加吞吐量713万吨。

    7、6家五星级酒店

    海口威斯汀酒店、海口希尔顿酒店、海口天利五星级酒店、海棠湾威斯汀酒店、海棠湾洲际酒店、三亚和合大酒店等6家五星级酒店。总投资77亿元,到2012年底已完成投资67亿元,2013年计划投资9.2亿元。项目建成后,增加客房1800间左右。

    8、20万吨镀锡原板扩建项目

    总投资5.6亿元,到2012年底已完成投资2.8亿元,2013年计划投资2.7亿元,计划今年6月建成投产。项目建成后,年产值13亿元,年税收7200万元。

    二、续建项目

    1、国家冬季瓜菜基地项目

    总投资26亿元,建设300万亩冬季瓜菜基地,到2012年底已完成投资12.5亿元,2013年计划投资1.8亿元,改造菜田6.7万亩。项目建成后,年产值19亿元,年瓜菜出岛量达到447万吨。

    2、绿化宝岛工程

    总投资32亿元,造林绿化150万亩。到2012年底已完成投资12.8亿元,2013年计划投资11.4亿元,造林绿化64万亩。项目建成后,年产值13亿元,农民人均年纯收入147元。

    3、160万吨造纸二期工程

    年产生活用纸70万吨,目前在建50万吨,16条生产线,余下20万吨视市场行情决定。总投资39.3亿元,到2012年底已完成投资16亿元,2013年计划投资14亿元,计划2014年建成投产。项目建成后,年产值49亿元,年税收4亿元。

    4、300万吨LNG项目

    总投资65亿元,到2012年底已完成投资19.6亿元,2013年计划投资10亿元,进行土建施工和结构安装。项目建成后,年产值113亿元,年税收1.4亿元。

    5、昌江核电一期工程

    总投资226亿元,到2012年底已完成投资112亿元,2013年计划投资45亿元,第一台机组2014年建成投入运营,第二台机组2015年建成。项目建成后,新增装机容量130万千瓦,年产值34亿元,年税收12亿元。

    6、西环高速铁路

    总投资271亿元,今年计划投资20亿元,三亚至凤凰机场段已经开工建设,凤凰机场到海口段已开展征地工作,争取今年上半年开工建设。项目建成后,年产值35亿元,年税收3.2亿元。

    7、三亚凤凰机场三期扩建工程

    总投资11.43亿元,到2012年底已完成投资2.8亿元,2013年计划投资4亿元,公务机站坪、西区系列工程等年内完工。项目建成后,满足年旅客吞吐量2150万人次,货邮吞吐量22.8万吨。

    8、屯昌至琼中高速公路工程

    全长45公里,总投资34亿元,到2012年底已完成投资12.2亿元,2013年计划投资10亿元,主要进行路基、路面、桥涵工程建设。

    9、三亚海棠湾国家旅游度假区项目

    计划总投资690多亿元,其中,基础设施投资213亿元,度假酒店投资480亿元,到2012年底已完成投资160多亿元。一线规划建设32家五星级酒店,二三线规划建设40家度假酒店。已经有6家五星酒店建成营业,今年有10家五星级酒店在建,计划投资超过30亿元。

    10、清水湾旅游度假区项目

    总投资448亿元,到2012年底已完成投资125亿元,2013年计划投资30亿元,主要建设卓美亚酒店、希尔顿酒店、洲际假日酒店、威斯汀度假酒店等9家五星级酒店、清水湾游艇码头及配套旅游地产项目。

    11、乐东龙沐湾旅游度假区

    总投资147亿元,到2012年底已完成投资27亿元,今年计划投资19.5亿元,主要建设八爪鱼酒店、滨海度假酒店、龙沐湾C区、温泉海景公寓等。

    12、海南航天发射场配套区(航天主题公园)

    总投资181.5亿元,到2012年底已完成投资10.3亿元,2013年计划投资10亿元,主要建设安置区工程、太空家园、滨海酒店等项目。

    13、海洋主题公园项目

    总投资65亿元,到2012年底已完成投资10亿元,今年计划投资12亿元,进入主体工程全面施工阶段。

    14、海口观澜湖旅游风情小镇项目

    总投资45亿元,到2012年底已完成投资31亿元,2013年计划投资11亿元,主要进行一期核心区建设。

    15、华谊电影公社项目

    总投资15亿元,到2012年底已完成投资5亿元,今年计划投资8亿元,整个工程计划2014年10月建成运营。

    三、新开工项目

    1、100万吨乙烯及炼油改扩建工程

    已列入国家重点产业生产力布局和调整规划中全国“十二五”开工建成的5个重点大型石化工程之一,力争年内获得国家核准并开工建设。项目总投资417亿元,今年计划投资10亿元。项目建成后,年产值867亿元,年税收75亿元。

    2、中海油精细化工二期工程

    总投资43亿元,到2012年底已完成投资1.6亿元,2013年计划投资4.7亿元,计划今年一季度开工建设。项目建成后,年产值46亿元,年税收2.5亿元。

    3、国际旅游岛先行试验区基础设施工程

    总投资53.6亿元,建设道路、供水厂、污水处理厂、垃圾处理厂、通讯设施、燃气设施等。今年计划投资13亿元,供水厂、污水处理厂计划5月开工建设。

    4、红岭灌区工程

    总投资47.4亿元,设计灌溉面积137万亩,争取中央投资23.7亿元,是目前海南水利项目争取中央投资最大的项目。今年计划投资0.38亿元,争取年内获得国家批准可研,计划10月开工建设。

    5、海口美兰国际机场扩建二期工程

    总投资130亿元,今年计划投资2亿元。项目已获国家批准立项,可研报告已上报国家发改委,争取年内获得国家批准。项目建成后,满足年旅客吞吐量3000万人次。

    6、琼海博鳌机场

    总投资11.3亿元,今年计划投资4亿元,正在进行征地和青苗补偿。项目建成后,满足年旅客吞吐量48万人次,货邮吞吐量1440吨。

    7、乐东西南部电厂

    总投资36亿元,今年计划投资15亿元,计划2014年建成投产。项目建成后,新增装机容量70万千瓦,年产值17.3亿元,年税收11031万元。

    8、琼中抽水蓄能电站项目

    总投资43亿元,今年计划投资1.4亿元,计划5月开工建设。项目建成后,新增装机容量60万千瓦,年产值15.7亿元,年税收5.6亿元。

    9、150万吨特种油项目

    总投资48亿元,今年计划投资3亿元计划5月开工建设。项目建成后,年产值260亿元,年税收19亿元。

    10、洋浦石化新材料产业基地一期项目

    总投资28亿元,今年计划投资5亿元,计划6月开工建设。

    11、长影“环球100”项目

    总投资120亿元,今年计划投资3亿元,计划3月开工建设。

    12、先行试验区移民安置区小镇项目

    总投资90.4亿元,今年计划投资37.5亿元,计划6月黎安风情小镇进入全面建设阶段。

    13、博鳌国际会展城项目

    总投资28.65亿元,今年计划投资5.5亿元,计划3月开工建设。

     

    上海一号私房菜 April 26, 2011

    Posted by hslu in China, Chinese Food, Food, Restaurants, Shanghai.
    Tags: , , , , , , , , , ,
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    上海一号私房菜 “shang4 hai3 yi1 hao4 si1 fang2 cai4” is a very unique restaurant. It is not very far from 淮海南路 “huai2 hai3 nan2 lu4,” one of the busiest and most famous shopping areas of the entire Shanghai.

    I didn’t know about the restaurant and had no idea what the restaurant was like when I saw the bright neon sign on top of this building. We were just finishing window shopping along 淮海南路 and I was in the mood of having some authentic 上海菜 “shang4 hai3 cai4” before going back to DC. When I saw the sign, I said to myself that this looked like a top class restaurant and I took Bao walked directly to there because it was close to 10 pm and I was afraid that the restaurant was about to close.

    Well, the restaurant was very busy and we had to wait for a while. I was relieved because we’d have plenty of time to enjoy our meals.

    The restaurant occupies the top floor of a  10 to 12 story building with marble floors, large paintings on the walls, gold-colored columns throughout the dinning area, large dinning hall with at least 50 tables and many private rooms for intimate parties and family gatherings.

    The waiting area is almost as big as the dinning room of some restaurants and the hostess wear ankle-length Chinese  旗袍 “qi2 pao2” and a white feather like jacket. The decoration is old Shanghai, the ambiance is warm and I know the restaurant is doing great business in order to support this kind of 排场 “pai2 chang3.”

    Well, this is the way I like it too.

    After we sat down, we were handed over two thick menus and I almost had more fun going through the menu  than eating their dishes. There were simply too many to choose from.

    The menu has 131 pages. In addition to pictures of hundreds of dishes, the glossy menu also included many pictures of Shanghai; 外滩 “wai4 tan1” The Bund, 黄浦江 “huang2 pu3 jiang1,” barges on the river, famous and not so famous people, city streets as they were in the early 1920 and 1930’s, movie stars, 青楼女子 “qing1 lou2 nv3 zi1i,” famous Chinese opera actors and actresses, old kitchen utensils and stories about Shanghai from the early 1900’s. I took my time going over the pages and the waitress left me alone as if she knew I wasn’t ready to order yet.

    The menu is divided into 11 sections:

    1.  Chef’s top 10 private menu,

    2.  Cold dishes,

    3.  Soups,

    4.  Bird nest, abalone and shark fins,

    5.  Shrimp and crabs,

    6.  Fish

    7.  River fish and shrimp

    8.  Fowls and snakes,

    9.  Pork, Beef and Lamb,

    10.  Vegetables

    11.   Desserts and sweets.

    There are three 上海一号私房菜 in Shanghai.

    The menu is about 1.5" thick.

    It looked like this restaurant was good enough for Clinton as well.

    Clinton's private collection when he visited China in 2003.

    Varieties of Chinese teas at US $1 to US $3 per cup.

    Honorable Red Robe tea at US $4 per cup

    I ordered a bottle of 石库门锦绣 12 年 for RMB 198, or about US $30. Very reasonable.

    A page from the menu.

    Deepfried snake

    This dish is so good that Buddha will jump over the wall to get a taste.

    This bottle of rice wine was RMB 198. 500 ml.

    沾酱黄瓜 RMB 7

    菌汁小素鸡 RMB 10

    手剥河虾仁 also called 大珠小珠落玉盘 "da4 zhu1 xiao3 zhu1 luo4 yu4 pan2." River shrimp with some kind of nuts. Very fresh and very tender. Lightly coated with clear broth.

    翅汤四宝

    鲍汁南瓜扣百灵菇

    椰榄菜四季豆, RMB 20

    海鲜两面黄. Do not order this.

    Not sure what this was. Probably 松软白糖糕

    桂花酒酿园子, RMB 18

    Famous Chinese opera actors.

    Something to try next time.

    We had a good time there because of the festival atmosphere at the main dinning hall. A Japanese company had their 尾牙 “wei3 ya2” (Year end banquet dinner for company employees) there. At the end of their dinner, the Japanese boss was forced to sing a song. All he could do was a short Japanese song but it was so bad that all I could say was 不敢恭維 “bu1 gan3 gong1 wei2.”  The VP also sang but he didn’t want to pass the mic to the others and everyone there had a great time at boss’s expense.

    The guy in the middle of the picture surrounded by many female employees are the boss.

    We also enjoyed our meals but I didn’t have time or the capacity to try more dishes.

    The total bill came to RMB 560, or about $85.

    If you have a chance visit Shanghai, make sure you try some of the dishes at this restaurant. Go with a few of your friends so that you can have a wide varieties. Their Chinese rice wines and 白酒 “bai2 jiu3” are very reasonable too.

    Bill Clinton Lied. Hillary is no different. January 15, 2011

    Posted by hslu in China, Cold War, Congress, Economics, Global Affair, Military, Politics.
    Tags: , , , , , , , , , , ,
    1 comment so far

    A pre-requisite of a politician is be able to lie.

    Be able to lie in front of cameras.

    Be able to lie with a straight face.

    As such, the higher the office, the greater a liar she or she has to be.

    Bill Clinton lied. He lied under oath. He lied in front of cameras. He knew he lied.

    And he got caught, humiliated and impeached. He got what he deserved unless he liked jail better.

    Hillary lied as well. Her lies before the visit of China’s President next Monday are strictly for domestic consumption because China does not believe her or the Obama Administration. She said that the US is not trying to contain China. The US is merely cultivating allies in Asia to help it manage Beijing’s increasingly bold projection of military and economic power.

    She is either 睁着眼说瞎话 “zheng1 zhe1 yen3 shui1 xia1 hua4” or, shall we say,  放狗屁 “fang4 gou3 pi4”:

    http://www.nytimes.com/2011/01/15/world/asia/15diplo.html?_r=1&emc=tnt&tntemail1=y

    The United States is no question the most powerful nation in the world with influences felt every corner of the world: Mid-East, Europe, Americas and Asia.

    Except China.

    The US treats China as its enemy and a threat to its super power position. It is uniting China’s neighbors; South Korea, Japan, Taiwan, Vietnam and India; to contain China’s expansion both militarily and economically.

    The US is hoping a repeat of the outcome of the Cold War with Russia where a military race with America bankrupted the former Soviet Union.

    The United States has lost the economical war to China. In less than 20 years, from 1993 to 2000, the US  has become the biggest debtor nation in the world. The only thing the US has going for it is the US dollar which is used as the reserve currency of the world. That position is slowly being chipped away. When, not if, it happens, all hell breaks lose and the US will be in shit hole so deep that it has no way of getting out ever.

    Now, let’s go back to the Cold War between the US and China.

    The US wants a Cold War with China. I say:”Let them have it.”

    Why?

    Because that’s a sure way of bankrupting a nation, especially a nation like the United States.

    Yeah, $600 billion per year! $700 billion per year! Why not $800 billion per year?

    Let’s the US Congress approves all the weapons the military wants while green back is the king in the world. We are only talking about tax dollars from its citizens.Who cares about the national debt?

    The thing is that the $700 billion or $800 billion won’t stimulate the US economy like it used to after the Great Depression. That $700 billion or $800 billion buys a lot of pork, supports a lot of waste and stimulates the economies of other countries where US stations its troops at.

    Let the US borrow more money from China and Japan to fund its ambition of being the superpower in the world. It adds no real value to its economy. You can’t eat bullets. You can’t eat air carriers. You can’t eat cruise missiles either. And all that inventories require a lot of money to keep them functioning at all times while the roads, water pipes and infrastructures are crumbling down. They only serve one purpose and one purpose only: maintaining an image of the most powerful nation in the world. Other than that it has no real value except hastens America’s road to bankruptcy.

    With all the lies from Clinton, China will not be easily intimidated. And China will do what it plans to do: 5 years at a time.

     

     

    Average Home Prices of Major Asian Cities December 12, 2010

    Posted by hslu in China, Economics, Global Affair, Shanghai, Taiwan.
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    When you talk to people about Shanghai’s real estate market, nine

    out of ten times, the immediate response was: “The home price is too high.”

    However, based on recent data collected from major Asian cities, the

    average home prices of these cities may surprise you.

    Here are the average Home Prices of Major Asian Cities as of

    November 11, 2010

    Average Home Prices

    City
    (TWD/坪) (US $/坪) (US $/sq ft) (US $/sq meter) (RMB/sq meter)
    Hong Kong 2,020,000 $ 67,043 $         1,885 $          20,280 ¥134,256
    Tokyo 1,720,000 $ 57,086 $         1,605 $          17,268 ¥114,317
    Singapore 1,129,000 $ 37,471 $         1,054 $          11,335 ¥75,037
    Seoul 860,000 $ 28,543 $            803 $            8,634 ¥57,159
    Taipei 469,000 $ 15,566 $            438 $            4,709 ¥31,171
    Shenzhen 366,200 $ 12,154 $            342 $            3,677 ¥24,339
    Shanghai 337,600 $ 11,205 $            315 $            3,389 ¥22,438
    Beijing 285,800 $   9,486 $            267 $            2,869 ¥18,995
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