Good news! The high speed rail (HSR) train from Kunming to Xishuangbanna will finally be complete at the end of this month, and in service for the public on December 2, 2021.
Approximately a 3-hour trip from Kunming to Xishuangbanna. 2.5 hours for Puer. Also stops at Yuxi. The HSR will continue beyond the Chinese border and connect to Laos as part of the BRI.
Perhaps I'll pay those elephants a visit later next year to apologize.
Semantics.
The "complicated topic" lies in the interdependence of China’s economy with real estate developers, as JanJal alluded to:
29% of China’s national GDP is riding on the property market.
40% of local government revenue come from land sales. Land sales make up more than half of combined national tax revenue.
30 - 40% of total loans from China’s largest banks/ financial institutions consisted of property-related loans. (Limits are being applied)
40% of household wealth are derived from real estate.
Evergrande, whose CEO was once hailed as a socialist hero and champion of urbanization, is now being thrown under the "common prosperity" train. Yet, the villagers castigating the proverbial evil witch into the fire pit may be complicit in the derailment; the governments, banks, investors seeking high interest rate returns, and homebuyers are all culpable in paving this track for over two decades.
Curbing the status quo property growth model while sustaining economic growth to alleviate poverty would require skillful tempering of the double-edged sword. We will see.
@DAWP Without including the ubiquitous, empty apartments that have closed escrow yet collecting dust, there are approximately 3,000,000,000 square meters of unsold housing inventory existing across China.
That equates to apartment vacancies that could house ~90 million "ghost" residents. Assuming there are three friendly ghosts haunting each household.
The result of speculative building/buying decades in the making.
The first, maiden store in Yunnan will open next week, August 4th near the west.
According to an old Xinhua article, the Swedish company reported spending over 1 billion yuan on this three-story building. It's huge. Over 120,000 square meters of floor space. They were supposed to open last year, but was delayed due to pandemic.
Expect heavy traffic on its grand opening day.
No pastries, yet. I believe only waffles now. Regular waffles priced at 28rmb, 35-38rmb with ice cream. Whip cream and fruit toppings included.
No results found.
Video: Zen and the art of patisserie with chef Igor Nataf
Posted byActually wu jiao is the equivalent of five cent.
Video: Zen and the art of patisserie with chef Igor Nataf
Posted bySure, i'll humor the one who habitually engages in straw man arguments.
This time, inferring that I am painting Igor as a crafty chef trying to fool Chinese people. The reflection in your mirror is the actual culprit throwing ad hominem stones inside a glass cafe. One am I am actively bumping out of goodwill for Igor.
Yes, it is rather pedantic of you to digress and misconstrue my point repeatedly.
First by informing us the French, or half-Sicilian, chef's superb Chinese proficiency as if I was implying otherwise. This subtle name-dropping 411 is another red herring from my argument that Chinese language use is apropos for the Chinese market as locals may not understand French, such my croissant example.
Second, you writing out the more common Chinese term 牛角面包 as an opportunity to boost your own personal ego, while generalizing that everyone knows it as a side swipe to the many expats who may not, in an effort to Cloud my point. But more strategically, to set up your go-to grammar police mode... which is, to dwell on spelling mistakes in not seeing forest for the trees. In your case, actively cutting down saplings in a Brazilian forest fire. Hypocrisy for someone who tells others to find better use of their time.
Property conglomerate Hang Lung opens Spring City 66, Kunming's tallest building
Posted byI would like to add there is a Michelin one star Cantonese restaurant in there. Same floor as Café de Paris, where you may drink that high-demanding frappuicino.
Video: Zen and the art of patisserie with chef Igor Nataf
Posted byherenow, you are a bit late to the French sourdough party.
Straw man cloudy is clinging on to erroneous assertions.
But to piggyback off his point, the bulk of Igor's patrons are Chinese. They probably don't understand the word "croissant" unless you label it as 法国羊角面包. Same with the Chinese equivalent name for pain campagnard. We are in Kunming after all. It wouldn't be unreasonable to converse in the local language, as you would say in the outskirts of Paris.
Presenting delicacies with all their international glory, be it slapping a French pastry name, sticking a mini French flag on the bread, or being greeted by an accented, foreign face... may justify the price of an "imported" product or service in the eyes of the typical Chinese consumers.
I get that pricey French cuisine restaurants sporting all French menus come with the territory. The elegant aura of French authenticity in dinning experience... which to my point, is added to the final bill.
Video: Zen and the art of patisserie with chef Igor Nataf
Posted bycafe closed