Dear Slate, yes there are chocolate bars in China
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Coming soon to a police checkpoint near you
- White Rabbit candies are set to be back on the shelves first in Shanghai, then in other places around China. Hopefully this time they will be free of both formaldehyde and melamine.
- The recent financial crisis might turn out in the long run to be good for Shanghai's global ambitions to become a financial hub as jobless Wall Street professionals find themselves snapped up by Shanghai-based financial institutions.
- The art gallery ShanghART has opened up a new location at 796 Huaihai Zhong Lu and apparently Jude Law showed up for the opening.
- 23 ancient structures dating back to the Ming and Qing dynasties have been discovered in Songjiang district.
- A Shanghainese man who phoned cops three times during the Olympics to saying there were explosives in the Huating Hotel has been sentenced to 18 months in prison.
Photo by Jakob Montrasio.
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Well, since a cadre declared what "safe" melamin and by fiat, formaldehyde levels are, its perfectly ok to blindly and ignorantly consume Chinese food products.
As for Wall St. "pros" flocking to Shanghai, coincidentally the FBI has close to 25% of its full workforce investigating over 30 US financial institutions. You guys are getting reckless gamblers and soon to be felons (not the China needs more of those), not intellectual financial geniouses.
I'll bet most of their luggage will be full of cash, as bank account freezes are starting to go into effect.
The Wall St. lifestyle model won't work here in Shanghai as there is a severe lack of "models" to impress by name dropping investment banks, bottle service is already a common feature of nightlife, and Asian bonuses don't compare to what they used to get.
Also the pitch book won't be in English.
And plenty of local officials have a new group full of cash to shake down for bribes and trading information.