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Here is a link to an article (in Chinese) that debunks some of the untruths that were doing the rounds when the virus first became a national emergency: www.i-km.com.cn/[...]
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I would guess that a proportion of the money is being invested. Invested in setting up (dumping lots of bikes on the streets) in new cities to attract more deposits. If that is the case, there are parallels with Ponzi schemes.
Didi are unlikely to go broke anytime soon, but even if OFO is owned by Didi, if it is running at a loss, Didi will offload it very quickly. Once the business case is established, or not, people will either re-invest or divest.
The OFO bikes are cheap, have a manual lock, no GPS, I assume no app except for payment. These are the bikes mostly seen ridden by kids, who often are riding a misappropriated machine. It looks like the OFO business model is lowest cost, and accept the losses of assets.
The MOBIKEs have remote locking, and GPS tracking. The bikes were custom built and were expensive to have made, but the app helps to find the nearest bike, and you can reserve them, to save you walking to a bike which in the meantime is hired by someone else. The MOBIKE business model seems to be larger upfront costs, but better service, and traceability of the assets.
I am not sure if the OFO business case is sustainable, only time will tell.
Elevated trains would have been quicker, which is why they use them for long sections of track outside the city.
However, it would have requited tearing down whole neighborhoods, causing huge disruption to city life, not just traffic. Then there is the socio-economic impacts of closing down large areas of the city. Additionally, the large numbers of demolitions would have a major impact on air quality, and what do you with all of the building rubble.
Finally, the increased cost for the whole process; bearing in mind that cost was also a major factor in the lack of progress thus far.
It might be a new guy, or there is some other visit on this week. It is probably worth trying again, and if the same guy is there, just tell him you are going up to the temple.
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.
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Celebrating a Miao Christmas in Yunnan
Posted byFor many societies, once people have elevated to a level of 'security', through wealth or power, these people turn away from religion towards mammon.
Kunming's bike share options: A user guide
Posted byI would guess that a proportion of the money is being invested. Invested in setting up (dumping lots of bikes on the streets) in new cities to attract more deposits. If that is the case, there are parallels with Ponzi schemes.
Kunming's bike share options: A user guide
Posted byDidi are unlikely to go broke anytime soon, but even if OFO is owned by Didi, if it is running at a loss, Didi will offload it very quickly. Once the business case is established, or not, people will either re-invest or divest.
The OFO bikes are cheap, have a manual lock, no GPS, I assume no app except for payment. These are the bikes mostly seen ridden by kids, who often are riding a misappropriated machine. It looks like the OFO business model is lowest cost, and accept the losses of assets.
The MOBIKEs have remote locking, and GPS tracking. The bikes were custom built and were expensive to have made, but the app helps to find the nearest bike, and you can reserve them, to save you walking to a bike which in the meantime is hired by someone else. The MOBIKE business model seems to be larger upfront costs, but better service, and traceability of the assets.
I am not sure if the OFO business case is sustainable, only time will tell.
Report: Kunming to add two Metro lines
Posted byElevated trains would have been quicker, which is why they use them for long sections of track outside the city.
However, it would have requited tearing down whole neighborhoods, causing huge disruption to city life, not just traffic. Then there is the socio-economic impacts of closing down large areas of the city. Additionally, the large numbers of demolitions would have a major impact on air quality, and what do you with all of the building rubble.
Finally, the increased cost for the whole process; bearing in mind that cost was also a major factor in the lack of progress thus far.
Around Town: Kunming's secluded Lianhua Temple
Posted byIt might be a new guy, or there is some other visit on this week. It is probably worth trying again, and if the same guy is there, just tell him you are going up to the temple.