Posted Extra! Extra! China's work in Africa, credit risk and water pollution levels to Shanghaiist
Photo from Andrew Juderajanathan A lot of China's work in Africa has been called everything from "rogue donating" that "hurts ordinary system," but there are a lot of myths and half-truths that need to be addressed before we can accurately assess what they're actually doing there. [Aidwatch] China apparently has 8,000 or so credit risks, since it holds billions of dollars in off-balance-sheet debt that would vastly undermine its 9% growth rate. [WSJ] More...
Posted Malone's insane burger deal: 50RMB for burger + pint to Shanghaiist
When Blue Frog moved away from its Tongren Lu location, we shed a single tear for the Jing'an district's best burger bargain. Little did we know that three months later, an even better deal would pop up... at Malone's of all places. Right now, Monday nights means that any of the 30 some burgers off the Malone's menu plus a Tiger pint is 50RMB. Considering pints normally go for around 40 there, and the...
Posted Upcoming movies: Shanghai, I Love You to Shanghaiist
Despite generally middling to low reviews for its latest film, the team behind New York, I Love You and Paris Je t'aime is now allegedly bringing its romantic short story collection making antics to Shanghai. Shanghai, I Love You (maybe Shanghai, wo ai ni?) will supposedly start shooting in October and details will be announced around April, says City Weekend. We're curious about the love stories they'll feature - and desperately hoping this one will...
Posted Chinese dislike the new rich, probably should dislike SOEs more to Shanghaiist
We already know that there's a pretty great amount of resentment towards the rich - not to mention, a wide perception of corruption - here in China, so it's probably not surprising that a People's Daily poll recently discovered that over 90% of people think the neo-rich got their wealth by networking with government officials. The poll found that 74% of people felt the key to success for nouveau riche - usually private entrepreneurs...
Posted Ticketmaster China kicks the bucket to Shanghaiist
Ah, the beleaguered state of show promoters here in Shanghai. According to China Music Radar, Ticketmaster's China operations were "officially shelved" last week. The company had only just bought high-profile upstart Emma Entertainment in 2007. That merger, Emma Ticketmaster, managed to screw up safety at an Avril Lavigne show, failed to bring Oasis, did an okay job getting John Legend here and then spluttered to a halt in May 2008. CMR has a history lesson...
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