Yes indeed, and item 2 was talked about a lot a few short years ago. Discussions floated around the possible need for an exit strategy/plan B if things took a turn for the worse. Things have settled down a lot since then.
This is not a direct answer to your question and slightly off topic, sorry.
Here are my observations on buying a property in China, at the moment. I am no property expert, BTW.
With rental mutlipliers now as high as they are in China, property is not something I would invest in anymore.
When I say rental multiplier, I mean the number of months rent it would take to buy an apartment. If you ignore interest payments on a mortgage, and rental inflation, the multipliers are often over 800x. For my daughter in Shanghai it would be over 1000x, and she lives in a fairly modest development.
With a multiplier of 800, it would take 66 years of rent to cover your investment. I am not sure how much of the existing housing stock will still be standing in 60 years time.
Rents are going up gradually, but property values tend not to. Property prices (of new housing stock) may increase marginally, but values of existing property do not behave in the same way. There is a surplus of supply at the moment. However, market forces do not seem to be operating normally in the Chinese property market, there have been reports published about this anomaly.
If you get caught with a property with problems, and many people have been, you cannot easily sell up and move on. Some addresses do suffer from a reputational blight.
Another consideration, if you are considering a mortgage, most new property is undecorated/not ready to move in and is usually a basic shell needing floors, celings, utilities, bathrooms, kitchens, and all plumbing to be installed. You will not get a loan for this, it needs to come out of any remaining cash that you have.
In contrast, if you rent, the property owner has already taken all of the risk and upfront expense. If you move into a place that you grow to hate, it is easy to move and find a new apartment, or even a new city to live in.
You can also leave more of your cash (possibly invested) in your home country, should an emergency repatriation be needed.
Like I said, I am not an expert. These are just my observations based on 15 years in China, as a property owner.
The forums had 'gone to shit' before, often due to 'thread-shitting', angry hostile responses, and shouting matches; which is probably why a number of regular contributors stopped posting. Perhaps one of the reasons why the up/down voting was introduced.
If I think back to the time before the up/downvote system, there was a very real reputational risk for this Website. As GoKunming is not the only Website to use up/down voting, it is reasonable to assume that the industry has found it to be an effective tool, even if some individuals really don't like it.
Our bins are also marked the same as @cloud. Then the person empties both sets of rubbish into one wheelie bin, before moving on to the next set of bins.
The only things that get separated are those of easy recycle/cash value, like cardboard and plastic bottles.
We will see what happens in October, and see what transpires with domestic waste separation in Shanghai. Businesses are easy to inspect and control, but in a qiaoqu the waste is usually a mixture from different residences; which would be difficult to monitor and control.
No results found.
Great to know it is no longer dry.
Good review BTW
This has moved.
The cut flowers are about 700m east on Duonan Jie. The plants and trees are about 700 m west and follow Duocai Section.
A reasonable choice of lumber that has improved over time. Fancy hardwoods like walnut, and mahogany are in abundance. There are some plywood and rubber-wood boards available. There are also some kiln dried imported softwoods and merbao available. Some of the lumber is very green, so look for the kiln dried if you need stable timbers.
Echo everything said by others.
Breakfast great and the serve from 8am. Most other places say 9am and they still are not ready.
Sandwiches are cheap 22-32, and really packed full of filling. We got some sandwiches for a day out, the only mistake I made was ordering two, as this was too much. These are seriously good sangars, and they are wrapped in alu foil.
In fairness to Metro, they are a wholesalers, and not really a supermarket. Hence the need for a card, which can be got around.
They have improved in the year I have been away. They now carry a more consistent range of imported foodstuffs and they also seem to have sorted out the mported milk supply.
They have a wider range of electrical appliances now, there is a coice of more than one toast. There is also a better range of seasonal non foods, like clothes, shoes, garden furniture and camping gear.
Kunming's bike share options: A user guide
Posted byThe economics of junking bikes is a short to medium term gamble..If you are early to the market and can kill competition (like Bluegogo died), you can dominate a market. If you can create a near monopoly and increase the total revenue to more than make up for the initial loss of assets.
The gamble works best when only one player adopts this strategy. Flies in the ointment include:
1. Regulations and fines for dumping.
2. Late entrants taking advantage of your attempts to clear the field, at no cost to themselves. This also negates the advantage you gained at a cost.
3. Late entrants in a strong financial position, when your cash has been depleted.
4. You run out of cash yourself (as happened to Bluegogo).
5. Public perceptions. If your bikes are seen a a pile of junk, they will get treated as such. Personally, I would be much more likely to carelessly discard an Ofo than I would a Mobike. For some users the perception of how cool a bike is, many lead some people away from services that are seen as less cool.
Kunming's bike share options: A user guide
Posted byI see a new player on the block. Hellobike, these are blue and white.
Observing Tomb Sweeping Festival in China
Posted byWiki lists 5 major traditional festivals on solar term. This suggests that there are other minor festivals.. Although Hanshi effectively rolls into Qingming. en.wikipedia.org/wiki/Chinese_calendar#Festivals
Baidu CEO's comments ignite internet privacy discussion in China
Posted by"...If they are able to exchange privacy for convenience or efficiency, they are willing to do so in many cases..."
In my world I did this a long time ago. I realized that I was doing this to some degree when I signed up for my first email account and online shopping. Over the years I have seen my privacy eroded as convenience and efficiency increased. Admittedly I was a little surprised by how far this has gone, and how the data has been used (post Cambridge Analytica revelations), but I knew that I had crossed the Rubicon a long time ago.
Since moving here, I also accept, grudgingly, that I am being surveilled, but to go off grid would inconvenient and inefficient.
As distasteful as the situation given by Robin Li is, I think that he is not that far wrong, in his assessment; note that he does not say it is right, just a fact. As for the the online reaction? nobody likes to be reminded of bad news.
Bureaucratic declaration limits Yunnan countryside fun
Posted byThere probably simple work around, BUT the numbers of people who have been disciplined so far (well over 100 000) and the range of sanctions being handed out means it is not worth the risk.
Some of the stories of government officials having to go out into the villages to sweep the streets suggest that a very tight rein is being used in certain quarters.