Archive for August, 2005

Chinese Banks | It Is Fun To Be One

Friday, August 5th, 2005

Just read on Fons’ Blog that the Bank of China is bailing out the Industrial and Commercial Bank of China with some pocket money
China’s central bank has agreed to give the country’s four debt clearing agencies 459 billion yuan ($56.6 billion) to buy bad assets from top state lender Industrial and Commercial Bank of […]

Opening Up by Closing Down

Friday, August 5th, 2005

The Chinese goverment is contemplating new regulations to protect it’s culture.

A preface says the rules are intended to help China’s “opening up” to the outside world. …..
The regulations will:
… spell out what parts of China’s government are responsible for overseeing what parts of the media and entertainment industry, and they promise to […]

Shanghai Traffic

Wednesday, August 3rd, 2005

I was walking the street and as normal trying to avoid all sort of vehicles bumping into me. All went well. At times the little green man was lighting up and I had to wait until the red guy was back before starting to walk. Other times I was stuck in the middle of […]

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