Extra, Extra! Big cars, big stars and big bucks

  • The city's new South City Long Distance Transportation Center is set to open on the 10th of this month, offering buses to all kinds of far-flung places.
  • Let the deification celebration of Liu Xiang's achievements continue. All kinds of Liu statues and sculptures are turning up in city parks.
  • Capitalism is great and we should all be happy: according to this report, Shanghai has again outdone itself in being on the receiving end of foreign investment, this year totalling something along the lines of 12.5 billion US Dollars.

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Liu Xiang. Yes, very well spotted.

Some say a new Jesse Owens is needed for Beijing.

Some might be well right.

This whole Liu Xiang thing does NOT smell good.

Tell you what: a wait face in China will be a liability instead of an asset as soon as the Olympics in 2008 are won by our hosts.

By then we will be all experiencing the great wonders of deflation (thanks my dear industrial-over-capacity-induced-by-irresponsable-bankers), an appreciated RMB (and hence fall in investment), and the list goes on.

Being a laowai will be unpopular by then some say.

Cixi will definitely be silently smilling in her tomb, remembering the great days of 1900.

To be continued...

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