Thursday, May 31, 2007

Chinese stockmarket - currently "Chinese roulette"?

There seems to be only one thing crazier (and more "hyped"?) than the current reported GDP growth of China: China's, resp. Shanghai's stock market.

While reported GDP growth in 2006 was 10.7%, the Shanghai Composite has surged some 62% since the start of 2007 alone. Sustainable? Yeeeeah, sure... A sign supporting Alan Greenspans remarks from last week, that it might be about time to get out of the market now (to get in (since prospects in the long-term are still decent) at way lower price later on) is, IMHO, this piece of info that I just read in the Financial Times:

Share trading accounts in China hit 100m

By Geoff Dyer in Shanghai

Published: May 29 2007 21:56 | Last updated: May 29 2007 21:56

The number of share trading accounts established in China now exceeds 100m as the country’s retail investors continue to ignore warnings about the risks of a stock market bubble and continue to put new money into the market.

The surge in the interest to buy shares among China’s population has accelerated over the past few days, with 385,000 new accounts being opened on Monday alone, taking the total to 100.27m, according to China Securities Depositary and Clearing Corporation. In the previous week, around 1.5m new accounts were opened. [...] Read on

385'000 new accounts!? Might that be close to Switzerlands total existing amount of trading accounts? Wicket! Greed is drawing lots of laymen into the market! Get out!!

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Thursday, May 24, 2007

Beijing Olympics: Rockets against the rain

During previous Olympic games rockets were installed to keep away airplanes navigated by potential terrorists. In Beijing rockets are not only going to target terrorists but also clouds that get to close to the Olympic sites. Well at least if they threaten to let it rain..

Parts of an article published in The Daily Telegraph:

[...] Wang said aircraft and rockets would be used to spread silver iodine and dry ice high into the air to control moisture.

He said the agents were expected to act like catalysts, targeting rain-heavy clouds and inducing rainfall before the clouds reached the Olympic venues. [...] Read whole article

This is hardly news for Beijing where artificial rain is relatively frequent, especially in summer. But it's yet another example illustrating China's extensive efforts to prepare for what can be called China's current holy grale.


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Wednesday, May 23, 2007

Ready for global warming?

Random: while reading up on a story on "Schwarzenegger accuses Bush of 'inaction and denial' on global warming" spread via digg.com, I found the following:


Check out more of these Diesel ads here. Global warming going fashionable... Creative, even if I'd prefer energies to be spent on fighting global warming rather than on getting the right cloth to be served water the "Diesel" way.. ^^

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Tuesday, May 22, 2007

The Olympic Stadium in Beijing - The 'Bird's nest' - and other architecture in China

Lots has been written and said about the monumental National Stadium that is currently being built here in Beijing for the 2008 Olympic Games.

As a "Bebbi" myself I'm obviously kind of proud to say that it's HdM (Herzog and de Meuron), architects from Basel, that have won the competition and get to realize their project... ;)

Anyway, I just read an interesting article written by Guido Mingels and published in Das Magazin. While the article contains the usual, funny anecdotes about daily life in China and the understandable disbelief about and fascination with the Chinese way to build (The abundance of labour: at times 10'000 persons were working on this building simultaneously. The speed: partly due to the amount of relatively cheap manual labour available, partly, also judging from my own experience, because of a slightly different idea of what passes the required minimal quality threshold and what doesn't) it also contains some very interesting thoughts about the
associations a piece of architecture can evoke, especially in China.

Mingels describes how some of the monumental buildings currently under constructions are perceived by the local population and how they were given nicknames that defy their original purpose : to build proud buildings symbolizing the 'rebirth' of China.

The National Opera being built according to Paul Andreu's design, even dwarfing the neighbouring, imposing Great Hall of the People is consequently referred to as "duck egg".


The CCTV tower designed by Rem Koolhaas and currently being built in Beijings CBD is risking to be referred to as the inclined gate of Beijing.


The article also mentions a project by a European architect who participated in the competition for the construction of the National Opera. His design consisted of 3 oval buildings whose roofs were composed of a variety of green, polygonal surfaces. Altogether the buildings looked like 3 green turtles. Lovely, right? Well, not quite. In China a green turtle stands for a married man that has also succumbed to the temptation of an other woma - an adulterer. Even though architectonically brilliant, the project was dead before it really started.

Projects that fare better are the appendix to the airport in Beijing designed by Norman Foster. Since it looks like the tail of a dragon, it is a "sure winner" in China, so Li Xingang.


So what about the Olympic stadium? It started off risking to be referred to as a big "potty", hence not exactly ideal to evoke national pride or the respect it, architechtonically, merited. Taking the concerns uttered by Li Xinggang into account, HdM changed the design slightly. Result: the public has adopted the nickname "bird's nest" for this colossos made of steel and concrete. Since the connotations of a birds nest in China are positive, ranging from birth, family, security to nature, the stadium is likely to become the magnet it is supposed to be.

The fact that this "magnet" is considered very important is implied by its location: It is built on one straight axis connecting the Forbidden City, Tian'anmen, Mao's Mausoleum and Bell- and Drum tower, all symbols of past rulers and pride. What will the prominently located Olympic Stadium stand for? Good architecture is not only a reflection of the people's mind and culture but influences their life and, potentially, their minds. In this sense I slightly disagree (idealist as I am) with the authors last sentence, but like his thoughts about the "evolution of the architecture of the state".

Evolution der Staatsarchitektur

Wer dereinst beim Besuch in Peking nacheinander die Verbotene Stadt, den Tiananmen-Platz und das Nationalstadion besichtigt, wird dabei vielleicht eine Evolution der chinesischen Staatsarchitektur erkennen. Eine Evolution, die den Traum von Herzog & de Meuron, symbolisch an einem neuen China mitzubauen, bestätigt. Die Kaiserachse, auf der alle drei Bauwerke stehen, ist gleichzeitig eine Zeitachse der politischen Kultur Chinas. Der quadratkilometergrosse Kaiserpalast, der im 15. Jahrhundert angelegt wurde und nacheinander vierzehn Kaisern der Ming- sowie zehn der Qing-Dynastie Heimat bot, war eine eigene Stadt in der Stadt, von hohen Mauern umgeben, welche die gottähnlichen Herrscher niemals verliessen, unerreichbar für das Volk. Der Tiananmen-Platz wiederum, von Mao umgestaltet, ist eine schier endlose offene Fläche, zu der zwar jeder Bürger Zutritt hat, auf der sich der Einzelne aber restlos verloren fühlt; es ist Monumentalarchitektur mit erdrückender Wirkung, und erst in der Ferne, am Rand des Platzes, bieten die Mao-Grabstätte und das Kongressgebäude als einzige Perspektive dem Auge einen Halt. Das Olympiastadion schliesslich, sieben Kilometer nördlich, drückt eine völlig andere Haltung aus. Es ist riesig, aber es hat keine Mauern und nichts zu verbergen. Die Stahlstruktur hat keine Türen, ist überall betretbar, jeder kann jederzeit hinein und hinaus. Das Vogelnest ist ein Geflecht ohne Hierarchie, in dem aber jeder Zweig eine statische Funktion hat; bricht man nur einen hinaus, leidet seine Stabilität. Wenn dies zum Sinnbild eines neuen China würde, dann hätte das Olympiastadion mehr getan, als nur seinen Zweck erfüllt.

Aber natürlich entscheidet am Ende nicht die Architektur darüber, wohin die Politik sich entwickelt. Sondern umgekehrt. Read more

I'll definitely going to include questions regarding the new "historical" buildings of Beijing and how they are perceived into my conversations with people that I tend to bug randomly in the streets of Beijing. ^^

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Sunday, May 20, 2007

An unexpected Chinese language partner :

I was sitting at the lakefront in Tuanjiehu park, one of the green oasis I frequently find refuge in. The weather was a treat, the weeping willow’s scent in the air and I in for a lengthy brainstorming. I was in the ‘flow’.

But then an elderly man passed by. I noticed him because the rhythm of his step changed, slowed down, broke. I looked up and saw that he was staring. Foreigner! Unusual, yes, but his reaction was unusual as well. Having seen that I saw that he was staring he did not turn around, pretend nothing had happened and walk on. Seemingly working up all his courage he said in Chinese: “Do you speak Chinese?”. Since I answered, he knew that I spoke it, some, and there it was: the smile. He relaxed, opened up and off we went to what turned out to be an almost 2 hour long conversation.

He started off telling me that he was taking English classes with an 88 year old Chinese woman who had emigrated to the US, just to immigrate back to the Middle Kingdom some 22 years later. Unfortunately, as my interlocutor said, she gave up the teaching this year. “Early retirement, you know” he remarked jokingly. But hey, he is still studying, while sitting in the park, mostly alone. His count stands at 1000 out of the 2000 English words considered worthwhile studying by his manual, an English manual for high school kids.

I was impressed. He has been studying English pronunciation with the same diligence as everyone willing to be understood in Chinese needs to study the pronunciation of the latter. He was hungry and foolish; a role model of the young! I asked questions, he answered and the inverse. Here some of the content.

He started studying the language of Shakespeare and Britney Spears 2 years ago because he is determined to be a good host. In 2008, time when China intends to return to the world stage with a big bang and the number of foreign visitors is likely to skyrocket, he wants to be of help for ‘foreign friends’ trying to find their way around the capital of the north, Beijing. His attitude and language skills will make him a wonderful host, I am sure.

He also talked about his youth. One month old he was, when his father saved him from the Japanese artillery that had targeted, among others, his home. 8 years later, meaning in 1945, he was selling tobacco to the same Japanese. He said that ‘Tobacco’ was one of the easiest English words for him to learn, since the Japanese word is, apparently, a transliteration of the English ‘tobacco’, a word he had heard all to frequent from Japanese soldiers on the lookout for a smoke. Does he have resentments about the cruelties committed by Japanese soldiers at that time, which are still largely unacknowledged by Japan? He doesn’t. He has not forgotten, but forgiven and rather than the past it was our talk about the future, including his English language skills, that made his eyes blink. I was impressed, again.

Work? Standards! He was working for the state, helping the latter to make sure that standards were kept. Day in and day out he checked whether the 1kg weights at local shops were indeed 1kg, whether the nailpolishlike Baijiu really contained 40% of alcohol (I picked a random number), and the bottle the 3dl, as stated on its etiquette.

If his attitude, at his age, after a life like his, was standard we would have even more reasons to be excited about the present and thrilled about the future. A great afternoon, and only one of the numerous stories out there. I’ll meet him again. Next week, same time, same place.



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Saturday, May 19, 2007

Taiwan? Formosa!

How to best learn Chinese

  • Be ready to go „all in“
    • No, nobody else is going to do it for you
    • No, it's not going to be a piece of cake
    • No, you won't learn it like Spanish in 3 months of wild Salsa and a bit of lanugage classes
  • Set expectations right
  • Take time to choose the RIGHT tools
  • .. and use a variety of them
  • Forget about "intensive course" - learn a little and use it a lot
    • You need to practice. Class can only do part of the work.
    • Keep study - life balance
  • Study relevant vocabulary and use it right away
    • Since if the vocabulary learnt doesn't help you in daily life you will be frustrated and frustration undermines the motivation you need to keep on rocking.
  • Get some structure into sentences - the myth of Chinese grammar
    • Swiss I am, and if I live up to one of our reputation then yep, I need structure, I need logic. Problem. Solve: manual.
  • Learn about “loosing face” but don’t be afraid to do so yourself!
    • Learn about the culture, since the language is not a tool detached from local reality. The better you know local reality the more you are encouraged to learn. The more you feel inspired and on the ball. (May be personal)
    • Try to have language partners that tell you their stories. Lucky as me? I believe this is no problem! If you even fall in love with a Chinese person: even better. :)
    • Immerge. If you want to really go full steam: choose places such as tianjin, harbin or Kunming over Beijing or Shanghai. Especially if you are not all too disciplined yourself, try to decrease the number of foreigners around you speaking English..
    • Commit errors!!

Wednesday, May 02, 2007

Souvenirs

One of these nostalgic moments.. My mum cleaned the house and dugg out fotos. Hopps, they are in my inbox and me way back, in my souvenirs.. Oh boy, having a great childhood is definitely super important, and if I could hand out an Oscar for being the parents of the century I wouldn't hestitate a second to hand it over to my parents. You would give your Oscar to your parents? Great!

I love the picture below. My sister Simone taking me for ride in her chic plane.. ^^


Many souvenirs on my mind today. Don't worry I won't bugg you with them. But I hope that Silas Eliah, the youngest member of the Lüdin family is, once he is as old as I am today, going to be looking back to many great souvenirs as well.



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