The ubiquitous red envelope may seem innocent enough, but accommodating a billion or so hongbao exchanges puts great pressure on the Chinese banking system. After experiencing several cash crunches in 2013, the People’s Bank of China very publicly injected 255 billion RMB (42 billion USD) into the system leading up to the holiday. You care, because the inflation this caused means your holiday (cash) bonus was just a touch undervalued.
A jet-black Audi A6 with government plates rolls down the streets of Beijing and stops at a school, mall or restaurant. Out steps a teenage girl, backpack in tow, who surely can't be a government official -- but just might be the daughter of one. Secretly, every pedestrian scoffs and/or hisses.
If last November’s Communist Party announcement about the procurement and use of government cars actually pans out -- eliminating all but a select number (取消一般公车) -- familiar scenes like these may no longer dominate urban landscapes.
In college, I came across the original diaries of two Fuzhou missionaries that had been gathering dust in our library for more than 100 years. I’ve now lived in China for four years, which seems like long enough to revisit the stories of Mary Allen and Carlos Martin.
It took a manager in a Chinese state-owned enterprise asking me to help double-team his mistress in a Shanghai hotel for me to realize why The Wolf of Wall Street was my favorite film of 2013.
Xinhua host and moonlighter for the Daily Mail’s venerable China Bureau Nikki Aaron has been blissfully peddling the British tabloid yarns of her “China adventures” for the last few months. All well and good.
Here’s her latest, on dating, a subject she has visited before. The extremely confessional tone of the Mail piece begs the question: who is Nikki Aaron?
In his book The Gift the Russian-American novelist Vladimir Nabokov describes the mountains of Northwest China as a “transparent and changeable setting” where “the dryness of the air produced an amazing contrast between light and shadow: in the light there were such flashes, such a wealth of brilliance, that at times it became impossible to look at a rock, at a stream; and in the shadow a darkness that absorbed all detail.”
Happy Halloween, China friends. Need some costume ideas, as if going as Bo Xilai is too distasteful? Want to know what'll attract the eyeballs for your Halloween party? Nick Compton's got you covered.
I test drove the Volkswagen XL1 on Friday at the Chaoyang Sports Center. What’s the XL1, you ask? Only the most efficient car in the world — efficient in every way, from weight to energy usage to fuel consumption (it can go 100 kilomters on one liter, thus the 1 in XL1). ”Are there any areas in which you think you can do more optimization?” I asked Dr. Volker Kease, technical project manager.
Yeah, it’s full of students, and yeah, its bars cater mostly to the 19-year-old frat boy set. But there are at least a couple reasons to visit Wudaokou.