China Report: Monthly wage for labor in Dongguan China is now at RMB 1,000. It was 800 last January. Anecdotal complaints that its easy to find office workers, but its getting hard to find basic workers. Steel prices just shot through the roof after the price of iron ore rose 70%, and I experience my first true "supply shock." Yeah, I was alive in 1973, but I don't remember much. I shall expand on this later perhaps.
Taiwan Election: I wonder who the NRA would support? Which candidate will arm the populace to repel the Mainland invasion of 2009? And will Michael Turton command the Abraham Lincoln Brigade? I imagine him wearing a floppy hat with a feather plume ala Civil War officers. But that's because I have been playing a Civil War game like mad. Anyways, sartorial suggestions for the A.L.B. of Taiwan...maybe like Wheat's Tigers? or the ever popular Zouaves? Or Taiwan night market chic of matching plum colored sweatsuits?
I hate not being able to access blogger and wikipedia in China, but it must help my productivity. Also, my iTunes wouldn't let me download "explicit" podcasts, i.e. those with swearwords. Is that a technical problem or censorship.
2 comments:
I will not command the Abe Lincoln Brigade! I will command the Lim Bo-sheng legion.
Saw another article on the China situation in Business Week, which I blogged on. Apparently China killed a large section of their import tax rebate system, which is also driving up costs.
Michael
Actually, it might have been their export tax rebate system. It was up to 17% for some companies and not available to foreign investors.
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