A heretofore unknown Ningbo businessman has been catapulted into the media limelight for becoming the very first person in China to own an entire island. Huang Yimin (黄益民) coughed up 3.44 million yuan ($540,000) on Tuesday to own the property rights of the island for 50 years.
Ningbo entrepreneur first in China to own an entire island
The parable of the cat and the pig
The cat and the pig are good friends. One day, the cat fell into a huge hole, and the pig came to her rescue with some rope, the entire length of which he threw promptly into the hole. The cat cried out, "Now how on earth are you going to pull me up?" The pig replied, "Then what should I do?" The cat said, "Well you should be pulling one end of the rope, of course!" The pig then jumped into the hole, held on to one end of the rope, and said to the cat, "Now we're talking!" The cat began to weep. She wept bitter tears, but they were tears of joy. Some friends are not very smart, but they're worth keeping for life.
Deadline for 3DSxShanghai is TODAY!
Today is the last day to sign up for 3DSxShanghai! A three-day caffeine-fueled marathon, 3DSxShanghai is a weekend challenge for tech entrepreneurs and Zuckerberg-wannabes to come up with a new idea workable idea in the space of a weekend. Sign up today for a chance to find out whether or not you have the requisite bill-paying skills.
Calling all aspiring entrepreneurs: 3-Day Startup Shanghai applications closing October 5!
Start a technology company over the course of three days. We rent work space for an entire weekend, recruit 40 students with a wide range of backgrounds, cater food and drinks, invite top-notch entrepreneurs and investors, pick the best idea for a software startup during the Friday brainstorming session, and release a minimal prototype by Sunday night. The goal is to build enough momentum among a network of motivated people to sustain the company beyond the weekend.
Interview: Kelley Lee, restaurateur
Kelley Lee is the young, talented chef and mastermind behind some of Shanghai's most famous and well-loved eateries (The Alchemist, Boxing Cat Brewery, Cantina Agave). Not long ago, she expanded Mexican favorite Cantina Agave to Pudong and had a slew of new venues open up at the Sinan Mansions complex. A remarkably tenacious business woman, Shanghaiist gets her to open up on what constitutes a good meal, how a guy should impress her over dinner, and whether she has any more plans for world, excuse us, Shanghai domination.

