Bloomberg published a poignant piece underscoring the dire need for China's economic engine to restore.
For us Kunmingers, the underlying difficulties for our locally or foreign owned restaurants/bars/cafes and small retail businesses due to depleting cash.
Restoring consumer confidence and spending is now of paramount importance as "Half of Chinese Retailers Risk Collapse Within Six Months... 60% unable to cover labor and rental costs, according to data compiled by Bloomberg and company reports covering 50 listed firms. Among jewelry and apparel companies, almost half don’t have the cash to last the six months unless demand rebounds sharply, the data show..."
After all, the once destroyer of empires has in a few days brought entire EU down to their knees, after knocking out the Middle Kingdom for the count... and now they're going after the most powerful military nation in the history of warfare.
Well, we'll see if the collective tummies of missus start expanding in the months to come.
As the hurricane storm seemingly passes over us, moving beyond hinterlands to wreck havoc on your English Premiere League (possible suspension until further notice), one can't help but notice the butterfly effect... the societal or marital typhoon generated from a wing flap elsewhere.
Thank you colinflahive for the update. Btw, if your airline ticket was booked a while back, I believe you could apply for full refund due to force majeure stipulations. May business at Sal prosper as consumers gradually regain their confidence to dine out.
JanJal, you had a comical theory that during our nationwide quarantine, birth rates across China will increase in 9 months time in September/Oct or so.
Well, sorry to rain on your animal farm parade. As government offices opened a few weeks back, one in particular was the Ministry of Civil Affairs that handled marriages & divorces.
Apparently divorce registrations surged. I guess not all married couples locked down under one roof for over a month were as honeyed as your squealing home. lol
Under hood functionality and comfort of ride > paint job + muffler exhaust + rims + body kit + lowering + spoiler
That said, toggle for dark mode option for night time viewing may be more soothing for the eyes.
Btw lemon, this blue & white template (colors of Yunnan) may be a preliminary canvas for web designers to build on. Editing and adding more layers gradually.
Returned from a renowned, luxury French resort in SE Asia. For breakfast, they humbly labelled sourdough bread as "French Village Bread." No other language, just plain English despite quite a few occupants being French. Even two upper management employees were French. But majority of guests were from all over the world.
Just Hot Jan, I need to inform you that Just Hot is the subsidiary of JiaHua Bakeries. Although TKP's Just Hot targets higher-end market segments, the apple doesn't fall from its tree... it's no wonder their ginormous croissants can't compare with the croissant quality of their direct competitor, Bon Appétit, which is situated not far from them on the same B1 level.
Thank you with sincerity for doing your part in being their beacon of light now, and glimmer of hope for their future.
Touching base on the challenges of recruiting credentialed teachers to rural outskirts.
Though some may scoff at technology and change from traditional pedagogy/curriculum. Perhaps the anecdote in that domain lies somewhere in the advent synergy of 5G, A.I, and satellite internet....
to bring real-time machine learning based academia to backwater classrooms in virtual form. Reaching not just hundreds of millions of rural children in China. But bridging education access gap to those less fortunate families in the Middle East, India/Pakistan, South East Asia, Africa, and the rest of the world.
Perhaps a ground-up, global multinational cooperation effort with coalition of governments' subsidies to incentivize private innovations need to occur to make this a reality.
No cloudy, Starbucks aren't enough to give rural children the opportunities for a brighter future.
Building more schools and hiring a legion of well-trained teachers to foster a better education system may help.
The government needs to allocate more funds to building and revamping these countryside schools.
And where may local governments get that money outside Beijing?
Perhaps by selling or leasing prime real estate locations at exorbitant prices to foreign investors, such Hang Lung Properties.
By permitting these deep-pocketed developers to build skyscrapers at sought-after locations, value of land further increases, hence their selling/leasing prices resulting in higher revenues (inc. corporate taxes from ensuing business & offices) for funding public projects such as said public education.
This is where the corporate buzzwords you so despise come into play. Accountability, transparency, and oversight. Without which, corrupt-prone local officials may end up pocketing the hongbaos from developers to be transferred to their private Swiss bank accounts used by their own privileged children studying aboard.
With accountability, transparency, and oversight... hundreds of billions in funds are more than enough to provide poverty stricken children the first steps in the right path to a brighter future.
Property conglomerate Hang Lung opens Spring City 66, Kunming's tallest building
Posted byJanJal, happy to report a yummy doughnut store is opening on the 6th floor here. I believe the same floor as the one star Michelin restaurant.
Video: Zen and the art of patisserie with chef Igor Nataf
Posted byBumping the bun.
Returned from a renowned, luxury French resort in SE Asia. For breakfast, they humbly labelled sourdough bread as "French Village Bread." No other language, just plain English despite quite a few occupants being French. Even two upper management employees were French. But majority of guests were from all over the world.
Video: Zen and the art of patisserie with chef Igor Nataf
Posted byJust Hot Jan, I need to inform you that Just Hot is the subsidiary of JiaHua Bakeries. Although TKP's Just Hot targets higher-end market segments, the apple doesn't fall from its tree... it's no wonder their ginormous croissants can't compare with the croissant quality of their direct competitor, Bon Appétit, which is situated not far from them on the same B1 level.
Property conglomerate Hang Lung opens Spring City 66, Kunming's tallest building
Posted byThank you with sincerity for doing your part in being their beacon of light now, and glimmer of hope for their future.
Touching base on the challenges of recruiting credentialed teachers to rural outskirts.
Though some may scoff at technology and change from traditional pedagogy/curriculum. Perhaps the anecdote in that domain lies somewhere in the advent synergy of 5G, A.I, and satellite internet....
to bring real-time machine learning based academia to backwater classrooms in virtual form. Reaching not just hundreds of millions of rural children in China. But bridging education access gap to those less fortunate families in the Middle East, India/Pakistan, South East Asia, Africa, and the rest of the world.
Perhaps a ground-up, global multinational cooperation effort with coalition of governments' subsidies to incentivize private innovations need to occur to make this a reality.
Property conglomerate Hang Lung opens Spring City 66, Kunming's tallest building
Posted byNo cloudy, Starbucks aren't enough to give rural children the opportunities for a brighter future.
Building more schools and hiring a legion of well-trained teachers to foster a better education system may help.
The government needs to allocate more funds to building and revamping these countryside schools.
And where may local governments get that money outside Beijing?
Perhaps by selling or leasing prime real estate locations at exorbitant prices to foreign investors, such Hang Lung Properties.
By permitting these deep-pocketed developers to build skyscrapers at sought-after locations, value of land further increases, hence their selling/leasing prices resulting in higher revenues (inc. corporate taxes from ensuing business & offices) for funding public projects such as said public education.
This is where the corporate buzzwords you so despise come into play. Accountability, transparency, and oversight. Without which, corrupt-prone local officials may end up pocketing the hongbaos from developers to be transferred to their private Swiss bank accounts used by their own privileged children studying aboard.
With accountability, transparency, and oversight... hundreds of billions in funds are more than enough to provide poverty stricken children the first steps in the right path to a brighter future.