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rffrydr
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PostPosted: Mon Apr 26, 2010 9:55 pm    Post subject: Peer to Peer Reply with quote

As to be expected, it works differently over there: dis-intermediation, goes a long way to explaining The GOOG's et. al. failure in this "space." The internet does markets well and no place better for traders than the far east. But with 70-cent couriers they've just cut out the middle-man:

http://www.cnbc.com/id/15840232?video=1478340894&play=1
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Last edited by rffrydr on Tue Nov 09, 2010 10:48 pm; edited 1 time in total
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Post new topic   Reply to topic    MarketThoughts.com Forum Index -> The China Board
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rffrydr
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PostPosted: Mon Nov 29, 2010 8:16 pm    Post subject: Reply with quote

Television: the new china in a nutshell.

http://www.economist.com/node/17522454?story_id=17522454


Quote:
Not only do many of their shows resemble British and American programmes like “Pop Idol” and “The Apprentice”. They also rip off each other’s formats. “If a show is successful, clones appear almost instantly,” says Rebecca Yang of IPCN, a firm that brokers formats. A few years ago there was an explosion of talent competitions. Then one show offended the State Administration of Radio, Film and Television (SARFT), not least by conducting a huge text-message vote. Channels are now restricted to one such show per year. Judges are discouraged from abusing contestants and voting is restricted.


Not quite ready for the "chinese century" but sure as edge on that dead medium, "the mass market."
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rffrydr
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PostPosted: Wed Oct 06, 2010 9:54 pm    Post subject: Reply with quote

Tainted milk and baby formula is to be expected; ripping off oneself, is self-limiting:

http://www.nytimes.com/2010/10/07/world/asia/07fraud.html?_r=1&hp
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rffrydr
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PostPosted: Fri Oct 01, 2010 11:38 pm    Post subject: Reply with quote

For all the friction with Japan the envy burns bright:
Quote:

China's porcelain revolution took off soon after the communist government gave the green light to private property development just more than a decade ago. Since then, the amount of new urban residential space unveiled each year has doubled. Most apartments are delivered bare, meaning buyers have to outfit them with basics such as bathroom fixtures.

Although many are satisfied with Western-style toilets that often cost no more than $20 here, pricier name brands are gaining traction. Models costing anywhere from $150 to $6,000 now account for about 5% of the toilets sold in China each year, according to Toto officials. The Japanese company has been riding robust growth here, peddling commodes with sleek designs and features such as oscillating bidets, air fresheners and blow dryers.


http://www.latimes.com/business/la-fi-china-toilets-20101002,0,5444049.story
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