Gaz

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    • Mon Mar 24th 04:48 AM | Rating: 0 0
      Commented on:
      Microsoft: Chinese Remain Sanguine About XP Expiration
      Hit the nail on the head with this artical, being in China so long though it feels strange to have someone state the obvious about it, I keep on forgetting that people outside of China sometimes buy real copies of windows :)

      I personally use Debian (Linux), but I do not know A SINGLE Chinese person using Vista. I know some that tried it and went back to XP, but no one seems to actually be using it. The main problem is that Vista doesn't quite work properly for Chinese programs like QQ.

      On the same note, in my 4 years of being in China and spending 2 years of that in the IT industry, I have not seen a single PC running a real copy of any version of Windows, not even once. It's practically impossible to buy a real copy in most of China anyway. Perhaps some fancy upmarket IT stores in Shanghai have real copies for sale (as a status symbol only), but apart from that good luck finding a real copy of windows in China.

      They even have their own 'versions' of windows XP - I bought Ghost XP last week, it puts a ghost image of a working install on your computer and then updates the hardware, and installs commonly used programs such as office and photoshop etc.
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    • Tue Mar 18th 23:50 PM | Rating: 0 0
      Commented on:
      China Stocks: Risks Ahead
      Chinese companies sole reason to be publicly listed is to get something for nothing. Most listed companies I have looked at in China over my 4 years of being here are not actually making profit in real life, only on their stocks. They hide the truth and invariably have government officials investing prior to listing which shields them from any laws that might exist. Many of them raise funds and act basically as shell companies feeding the money through to some other new venture or personal fund with no ties to the stock whatsoever, all with government officials on the payroll if they aren't the coordinators themselves.

      I've been here 4 years, speak the language, deal daily with listed companies and their staff, and I would NEVER invest in any Chinese stocks and it is clear to me that anyone who invests in ANY Mainland Chinese stocks usually has the false belief that trading is governed by laws. If you've invested in Chinese stocks, well, personally if that money was important to me I'd cut my losses or bubble gains right away before I lost all of it.
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    • Tue Mar 18th 23:37 PM | Rating: 0 0
      Commented on:
      Inflation in China: We'll Do Anything to Kill It, Except Threaten Employment
      Firstly, inflation in China is a hell of a lot higher than 4.8%, I've been here 4 years and in that time basic food items and clothing has risen 2x to 5x (for different items) IN THE LAST 2 YEARS!

      Buying an apartment in Wuhan (central 2nd tier city) 2 years ago cost 2,000RMB/m2, today to buy an apartment in the same place costs 10,000RMB/m2. This is not some exception to the rule, this is happening across all 2nd level cities (Beijing, Shanghai, Guangzhou etc are not affected so much by inflation).

      Whoever has been calculating inflation rates for China is obviously sitting in some stalinist government building in Beijing shielded from real life.
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    • Tue Mar 18th 23:28 PM | Rating: 0 0
      Commented on:
      An Open Letter to the Board of China Yuchai International Limited
      Did you have any luck with this? Being a Chinese company I can say from experience it's highly unlikely they give a damn about anything investors have to say, as long as the right government officials are given a cut they can do what they want.

      I just posted on my blog a story about a translation company in China who is going to be listed on the shanghai exchange this year, their plan is to raise funds, take the clients and staff, and start another company. They've done it before and have the FULL support and cooperation of local government and stock market regulators as well as state run media. Thats how business is done in China, if your lucky enough to actually make money (aside from 'bubble investments') from a Chinese investment, congratulations.
      View article »
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