The duality of the Chang needs deeper learning. On the one side their inferiority complex makes the Chinese quite literally fork over their parents life savings to gain a residence permit in the West and get out of that sinkhole.
This info is outdated, the value proposition for the Chinese middle or upper class to emigrate to N. America or W. Europe is getting less attractive every year. It makes no sense for an expat from Shanghai or Beijing to buy real estate in the inflated markets of CA, Vancouver or Sydney while their home markets and currency is severely undervalued.
Silver at $90+ in the Shanghai market, $75 at COMEX in NY.
Also - a multi-million dollar inventory being laid out and sold on a city sidewalk like a bunch of vegetables, without any serious protection... Imagine this being done in any city in W. Europe or N. America...
Only an absolute moron would sell a precious metal by spreading it across the floor in the open.
I doubt this photo is accurate.
It's real, and it's spectacular, to quote that 90s Jewish comedy show.... The scene is right outside the main metal market mall in Shenzhen. The silver supply coming in is just being turned over by the merchants before it even gets into their stores in that building.
The scene above is shown and described at the 6min mark in this video:
Gee, how did the real estate in Vancouver and Sydney get so inflated? Was it hot Chinese money? lolIt makes no sense for an expat from Shanghai or Beijing to buy real estate in the inflated markets of CA, Vancouver or Sydney while their home markets and currency is severely undervalued.
LOL...the video you posted as "evidence" talks about how a lot of the silver sold in China is fake.,
"A lot" is most likely under 1%, and with online sales, because if you're in the bullion business with a brick and mortar setup and sell a product that is fake, you are toast.
That video was from an anti-China channel, they have to work that bit in.
Very good video from a girl in China for eating out. She shows the details of what's going on, including prices. The comments in the thread are repetitive, but informative.
Naturally I am suspicious of the quality of the food, but that aside she paid 23元 ($3.50) for a drink at a different place, then 60元 ($8.50) for her solo hot pot meal. There are some pros and cons to the whole experience of ordering with QR codes and sitting alone bugman style, but the setup had a lot of nice touches that she explained.
These prices are in line with my experiences there 10 years ago and are that low because of how little they pay the staff. I think much less than half of Chinese city residents could afford to eat at this price level (85元 / $12) because they're working in restaurants with low pay.
Look closely at this woman in order to understand the bigger picture of eating out in China. She doesn't like to cook at home, so she's obviously single and in her late 20's, so she's a sheng nu or old maid to be unmarried at that age
Her skin is typically in very bad shape, especially her lips. This is from the problems in China with the air, water and food. I knew a girl just like this who looked as bad: skin, hair, posture and voice. She went to California for two months and when she came back I could not recognize her, including her voice, because the improvements were all so profound.
I love all that, but over a period of years I saw that food & drink fraud, and low quality cookware leeching aluminum, was the norm there, and the effects of it on my own health were obvious, as well as it apparently affecting others.I'm a pretty discriminating eater, and am still puzzled by your assessment of the quality of food in China. Even if you don't love Chinese food, you can get things like a roast duck or BBQ pork that any meat lover can really appreciate.
I love all that, but over a period of years I saw that food & drink fraud, and low quality cookware leeching aluminum, was the norm there, and the effects of it on my own health were obvious, as well as it apparently affecting others.
When you get a bowl of thin slices of meat for hot pot, you have no idea of the origin and this is not theoretical. It comes from experience, a lot of which has been captured on video and is floating around. OG Chinese diners prefer fowl because the bones attest to it being less likely fake than other meats and is probably why KFC has become much more popular there than McDonald's.
You're probably right about KFC. That's a much better explanation for the primary reason for its popularity in China and Japan. BTW, my own experience with chicken in China is much, much better than in the USA, where I would say that what is commonly sold here has so much more detrimental effect than nutritious that it should be avoided entirely, whereas chicken, pigeon, duck and goose in China was always good and I actually miss it.A lot of the criticism of China and Chinese society tends to be based on features that are common across east Asia, like your post about the introverted dining experience, or the cultural insularity, or the brutally demanding school system. Those are all east Asian cultural characteristics.