Forums > Living in Kunming > Carrefour Giving Up On China Carrefour is selling and 80% stake, does not necessarily mean that stores will close. Initially stores and staff will be absorbed by the new owner Sunning. For those areas that do not currently have a Sunning presence, t first all that will change will be the name on the door.
Forums > Living in Kunming > Carrefour Giving Up On China Tesco did have a JV in China, but they pulled out several years ago.
Forums > Living in Kunming > Carrefour Giving Up On China Airless holes. I think that sums up a lot of superstores/hypermarkets, in many parts of the world, that are located in a larger multistorey shopping complex. True for Walmart, Homemart, Sunning, Metro, and other places I have visited.
Forums > Living in Kunming > Bike registered - Selling second hand The authorities have been trying to control the ebike market for several years and previous attempts have not been successful. This time I believe it will be successful.
Almost daily I see police with a recovery/flatbed vehicle seizing unregistered machines. There seems to be a clear mandate to get the no longer legal ebikes off of the road.
Like @JanJal, I thing the main issues have been around safety. When I first came to China in 2004 ebikes were small, light, and only did about 20kph. I also believe they were only 12 v.
Now ebikes are bigger and heavier than a gas scooter, 72V and capable of over 60kph, and still no license, insurance, or training is required to ride one.
I have been hit by an ebike once, whilst riding my bicycle, and nearly been wiped out on at least two other occasions by kamikaze ebike riders.
I have seen several ebike crashes caused by riders who do not have proper control of their vehicle (using feet as brakes, slamming on the front bike causing a low-side and dropping the machine, panicking and just freezing as they plow into other vehicles), this is a training issue. Alternative, let the untrained ride smaller and slower machines.
The market needed controlling. Yes there will be some waste, but in the next 4 years some sanity will quickly return to the streets and cycle paths.
The alternatives are to let the 'arms race' (bigger faster ebikes) and carnage continue, or do what other cities have done and ban ebikes and bikes from downtown (more cars would be the pattern, not desirable), or let the old bikes die through natural wastage (bureaucratic and uncontrollable).
Forums > Living in Kunming > Bike registered - Selling second hand It looks like the police are actively trying to phase out the older machines.
Governor: Provincial highway bathrooms China's worst
发布者They know how to flush, they just don't want to because the toilet is a dirty place. Self fulfilling cycle. But hey! it then becomes someone elses problem.
Governor: Provincial highway bathrooms China's worst
发布者They will be high anyway.
Jinghong farmer trampled to death by elephant
发布者The problem is not the elephants. Sadly the authorities will see the opposite.
Massive financial center announced for Wujiaba
发布者I think the airport mentioned here will be for heliport and small private planes of the corporate variety.
This may be linked up to the plans for the area east of Dianchi Lu and north of Guangfu Lu that was previously earmarked for new financial district.
BUT at least Shanghai Tongji know what they are doing. It just depends on whether the local gumint will listen to their advice.
Report: Yunnan bonds shaky
发布者The non protected thing was the issue with HuaXia Bank scandal. It was likened to a Ponzi. People lost huge amounts and it killed the market.
CMB is big enough to have the assets to cover any potential losses, and has decided that the only way to have a wealth management product that sells is to guarantee the principle. To not honor the promise would be damaging to the CMB brand and would cost them more money than swallowing the loss.
IMHO. Because of the nature of CMB's core business, and their place in the market, they can be trusted. Unlike smaller banks like HuaXia.