Sunday, May 28, 2006

The Spring City

Oh KunMing. Here we are. This city is a big one... apparently bigger than Taipei. It is impossible to compare though, as this city is newly developed - there are brand new skyscrapers everywhere - and Taipei was largely built way back in the day.

For some reason, I have a strong urge to participate in the economy. That's right kids, I'm really considering buying something not directly related to my daily survival. Something like.... well, something anyway. I haven't pinpointed it any further than that initial feeling.

Go Consumerism! You truly work in mysterious ways.

On a related note, some of you may have heard about the upcoming IPO of the Bank of China. I heard that they are set to raise over $11 Billion US from investors. As someone who recently visited a branch of this fine organization, I feel more than qualified to confirm for you that the Bank of China is, in fact, a bank. This isn't a communist plot folks. Indeed, I was successful in withdrawing my weekly living expenses, $50 US, in RenMinBi (almost 400 Yuan) earlier today. They had no problem in providing me with this amount of hard currency on the spot. Even more amazing was the 35 cent commission I was charged for the transaction.

I implore all the brave free market capitalists out there with liquid assets to take this opportunity by the horns. With your billions, our Bank of China can model itself on the fine banks in North America. After all, what are banks for: to provide a place for people to keep money and maybe make a little extra from the interest? HA. That was so 1980's. The Bank of China needs to get to doing what banks are supposed to do...

Providing returns for investors.

Yes sir, if I was a man of means, the first thing I would do was demand that the Bank of China raise the commission for changing traveler’s cheques to at least $1. I've also noticed that the Chinese are not buying on credit as much as they should be. We need to change that. We should also spring inflated ATM fees on these fools.


Following are a hodgepodge of photos totally unrelated to KunMing.

Does this farmer have the kind of access to credit that he needs? What about his water buffalo? Could this be another imerging market?

Nice light here.

A-ma has been working in these fields for generations.

This was a quiet little town, and the guesthouse we stayed in had an amazing rooftop garden.

And here it is, as well as confirmation for the skeptics out there.

We are in fact working hard. It's not all "fun and games".

Well, mostly it is.

1 comment:

Anonymous said...

The Dragon Boat Festival is on Wednesday. Have ever eaten any 粽子 (a pyramid-shaped mass of glutinous rice wrapped in bamboo leaves) in China.