http://calpolymbatrip.com/2011/china/what-a-trip-alumni-reports-he-is-seeing-on-the-ground-in-southern-china/ The MBA Graduate Program at Cal Poly Tue, 22 May 2012 22:07:34 +0000 http://wordpress.org/?v=2.6.3 http://calpolymbatrip.com/2011/china/what-a-trip-alumni-reports-he-is-seeing-on-the-ground-in-southern-china/#comment-24237 delhi singapore tour package Mon, 20 Feb 2012 10:39:06 +0000 http://calpolymbatrip.com/?p=3707#comment-24237 I know this website presents quality dependent content and other stuff, is there any other website which offers such data in quality? I know this website presents quality dependent content and other stuff, is there any other website which offers such data in quality?

]]> http://calpolymbatrip.com/2011/china/what-a-trip-alumni-reports-he-is-seeing-on-the-ground-in-southern-china/#comment-21459 Alex van Dalen Fri, 18 Mar 2011 06:55:25 +0000 http://calpolymbatrip.com/?p=3707#comment-21459 Interesting post. As a trip alumni living in (northern) China for the past two years, I can agree with many of the points made above. Inflation is rising noticably, with the cost of food and raw materials being the most strongly affected. This will potentially pose large problems in the near future, not only for manufacturing, but for issues such as social stability and development as well. The housing market is unbelievably inflated, with a one bedroom apartment in a crumbling 90's era (yes things crumble quickly in China) block in middle class areas of Beijing costing the same as a nice villa in SLO, and that with no title to the land or permanent ownership. Property is very important to the Chinese, and many people are concerned that after working for their entire lives they are still struggling to find affordable housing. The China "gold rush" era of the late nineties and early millennium is most definatly over, yet I agree that the opportunities here are still numerous. It should be stressed however that many of these oppourtunities are often very different from the type that most Americans are accustomed to. One needs very much to be both highly creative and be willing to adjust to Chinese business practices. Playing "by the book" does not always meet with success in China, and it can be very difficult for outsiders(we are reminded of this, our status, every single day) to master the ins and outs of the very large legal gray areas here. Hope that all is well in the SLO and that the MBA cadets are excited to be soon embarking on the remarkable experience that is in store for them. Interesting post. As a trip alumni living in (northern) China for the past two years, I can agree with many of the points made above.
Inflation is rising noticably, with the cost of food and raw materials being the most strongly affected. This will potentially pose large problems in the near future, not only for manufacturing, but for issues such as social stability and development as well.
The housing market is unbelievably inflated, with a one bedroom apartment in a crumbling 90’s era (yes things crumble quickly in China) block in middle class areas of Beijing costing the same as a nice villa in SLO, and that with no title to the land or permanent ownership. Property is very important to the Chinese, and many people are concerned that after working for their entire lives they are still struggling to find affordable housing.
The China “gold rush” era of the late nineties and early millennium is most definatly over, yet I agree that the opportunities here are still numerous. It should be stressed however that many of these oppourtunities are often very different from the type that most Americans are accustomed to. One needs very much to be both highly creative and be willing to adjust to Chinese business practices. Playing “by the book” does not always meet with success in China, and it can be very difficult for outsiders(we are reminded of this, our status, every single day) to master the ins and outs of the very large legal gray areas here.
Hope that all is well in the SLO and that the MBA cadets are excited to be soon embarking on the remarkable experience that is in store for them.

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