Tag Archives: money

High price of a free lunch when parents treat

Ralph Jennings is a journalist and long time resident of China. He currently lives in Taipei. From mid-2000 to 2006, he had an advice column in the 21st Century weekly newspaper in which he answered letters from thousands of students and young professionals. Below is a letter from the archive, with an introduction by Jennings

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Abraham Lincoln gets it on

Watch for Mao Zedong’s appearance towards the end of this ad.

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China may legalize private money lending

Beijing Times: Private money lenders may soon be recognized by law in China.

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Olympic themed 10 yuan notes

Special 10 yuan bank notes to commemorate the Olympics.

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Danwei FM: Chinese demand more plastic

Your correspondent had a business textbook in university that illustrated, with neat little box diagrams, the cultural differences in economic behavior between East and West, specifically that Americans buy everything on credit while Asians stow all their money in low … Continue reading

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When strategy consultants collide; “the good stuff” vs “its good enuff”

Strategic consultants do battle Orit Gadiesh, chairwoman at Bain and Company, published an article in Forbes.com arguing that multinational brewing companies should to produce light beer versions of their international products at low cost, with quality just good enough to … Continue reading

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Musings about money

A free exhibition requires ID to buy a ticket, but a scalper’ll give you one for 10 kuai. No one wants to run free schools. Shanghai gives 2.5 yuan a month to parents of only children.

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Models for the 2-jiao RMB note

The Korean and Tujia models for the profiles on the 2-jiao note. Also, why Mao is on all of the latest money.

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