Shanghai China Snippets Observations about living in Shanghai and China in general

August 18, 2005

Pirated Maps | Shanghai Gets Tough

Filed under: Chinese Multi Media — Shanghai @ 5:05 am

Shanghai is getting tough on the piracy of maps.

Mapping authorities in the city announced yesterday they will provide cash rewards of up to 100,000 yuan (US$12,346) to those who provide “valuable clues” to help ferret out the producers and vendors of pirated maps.
They also said they will begin selling genuine maps at major downtown locations using automatic vending machines.
“Pirated maps not only disturb legal business, but also mislead buyers,” Lu Weijun, a spokesperson for the Shanghai Institute of Surveying and Mapping, said yesterday.
He said the high rewards will help collect information about who is printing pirated maps and increase public awareness about the importance of intellectual property rights.
It’s not difficult to find pirated maps for sale at long-distance bus stations, ports, scenic spots and book stalls where people, particularly those from outlying places, often visit, officials said.
According to officials at the institute, at least 1 million pirated maps are sold in the city every year, accounting for one-third of all maps sold in Shanghai, which has greatly impacted the map publishing business.

I guess when IP infringements start to hurt locally, it may have a positive effect globally.
What product is next?

August 14, 2005

Gone With The Wind Arrived | Shanghai Bookstore Advertising

Filed under: Chinese Multi Media — Shanghai @ 12:29 am

The most interesting pages of the local daily are the Shanghai classifieds. Just yesterday I realized that Shanghai is getting hipper by the day.

“Gone with the Wind”, a recently published book (1939) has arrived here and you can get it at the “Imported Bookstore”.
Shanghai Bookstore
Don’t start running now to the shop, I know you are eager but I am sure there will be a copy available whenever you feel like it.

August 9, 2005

Internet Bubble 2| Baidu China

Filed under: China Business,Chinese Multi Media — Shanghai @ 2:52 am

With amazement I read about the IPO of Baidu and the way the price of it’s stock has been going up. China is hot, sure. Internet was very hot one time, it is pretty much mainstream these days but it seems to be getting hotter again. Internet and China combined makes bloody hot although it is hard to find any reason why this combination justifies so much heat.

These two factors are likely the reason that the stock of Baidu has been trading at $ 154,- ?

That means that “..Baidu, which earned $1.4 million last year, is currently valued at $5 billion (based on the $ 154,- price), raising the question of whether we’ll ever learn not to let greed get the best of us and whether this company’s shares are likely to trade below $100 in due time.” source: Investors.com

I screendumped a chart from Yahoo Finance.
Baidu ipo China

I am no financial wizard but it seems like a lot of value given last year’s earnings. Hell, even this website maybe worth something:)

To read some quotes of more informed persons, read the nice list of quotes compiled by
The China Net Investor (China unwalled version), which all seem to point in the same direction… BUBBLE

Also talk starts to spread that Baidu’s market share might be smaller than published.

Additionally there are some copyright lawsuits in progress as well as some new ones are pending .

Originally I wanted to take this topic a bit deeper but lack of time leaves you with the above. Just a short conclusion. Next to the over valued price of Baiduand the small chance they will actually will be able to live up to all the financial expectations etc. there is something else investors may want to consider. Internet in China is perceived as media. The media are supervised by the goverment. Regulations are changed at least once every year. Then again, if you like to gamble, something which is not allowed on the mainland, I suggest “BUY”

China News | Search Google & Yahoo News

Filed under: Chinese Multi Media — Shanghai @ 2:35 am

I intended to write an article about the Baidu IPO bubble. I might conclude that one later. While searching for some sources I remembered a site where you can simultaneously search Google & Yahoo News. Considering that Google news & Yahoo news are not always readily available here due to some Chinese firewall tactics I think this site can serve as a nice alternative.

Search the news with Newsiness

August 5, 2005

Opening Up by Closing Down

Filed under: Chinese Multi Media — Shanghai @ 6:20 am

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 make it more difficult for foreign companies to bring in books, the Internet and video games, and performing acts ..

Spell out the consequences:

“Import of cultural products contrary to regulations will be punished according to the circumstances, and in serious cases the import license will be revoked,” the rules state. “In the near future there will be no more approvals for setting up cultural import agencies.”

And clarify the aim:

A preface says the rules are intended to help China’s “opening up” to the outside world. But analysts and broadcasters said they were part of an effort to clamp down on foreign influence on culture.

source: NY Times: China Issues New Restrictions Aimed at Protecting Its Culture

July 7, 2005

Shanghai Podcasts

Filed under: Chinese Multi Media,Shanghai Life — Shanghai @ 11:46 pm

Podcasting seems to be the next big thing.. at least for a very few “in the know” people right now. More than a month ago some bloggers and other podcast enthusiasts had dinner to talk about radio shanghai. (see chinaherald for the first steps …)

This was in the end of May and since then not much happened it seemed. Last wednesday we had another meeting and Tek explained the technical details to us. How to make a recording and how to publish it in a feed. He is actually the first and only one who started a real Shanghai podcast, called “3 minutes in Shanghai“. Check it out.

I might start a very small podcast myself in the future but for now keeping this blog up to date takes up enough time.

June 2, 2005

Registering a website in China .. Now..

Filed under: Chinese Multi Media — Shanghai @ 6:38 pm

I remember that some time ago I chatted with Wang Jian Shuo and told him one my favorite articles was the one about having to register his website. That article dates back to 2002. Two days ago there was a new deadline for the registration of Chinese websites hosted in China. Maybe they get it done this time, maybe I write the same thing in 3 years.

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