Bingfeng Teahouse

Wednesday, November 16, 2005

How much is Bingfeng Teahouse worth?

according to BOW, the Bingfeng Teahouse is worth 0 USD:

Your blog, blog.bcchinese.net/bingfengcafe/default.aspx, is worth $0.00

surprisingly enough, the Bingfeng Cafe, my poor chinese blog, worths $1,693.62. must be a good deal to sell the Bingfeng Teahouse to the owner of Bingfeng Cafe with a price of 93 USD

wang jianshuo's blog - $547,039.26

simon world - $283,399.08

r-conversation - $257,430.24

tian - $220,170.60

peking duck - $212,267.04 (hey richard, you have a lot of money)

danwei - $186,862.74

shanghaiist - $160,329.36

asia pundit - $138,876.84

sinosplice - $92,020.02

eswn - $77,906.52

china herald - $73,390.20

imagethief - $25,404.30

micah sittig - $16,936.20

bingfeng cafe - $1,693.62

china digital times - $0.00

liuzhou laowai - $0.00

anti - $0.00

bingfeng teahouse - $0.00

posted @ 7:08 PM

Bridging the two worlds of China

lot of my friends are well educated and when they want to start a venture, many of them will consider training business as their first choice. however, training business, with a relatively low entry barrier, attracts many players and becomes too competitive for new comers. a friend of mine even gave up the idea before he ever tried it.

at the same time, these people are also the ones who are very concerned of the widening gap between the rich and the poor in china but feel helpless and clueless as how to help the poor and deprived.

well, can we bridge the two worlds? the poor and the rich, the ideology and the action, the social responsibility and personal gains and satisfications?

i made a trip to a rural area near shanghai a few days ago and found that there are many people who want to find a job in larger cities but don't have the necessary skills, when asked why they don't take some training courses before they seek employment, they told me there are no such courses available in their howmtowns and in large cities such courses are not affordable to them even the expenses for traffic, room and board are excluded. and i came back and did a little research further on the employer side, the findings are not surprising to me, firms are even more reluctant to invest because the turn over rate for migrant workers from rural areas is very high. the governments are subsidising firms for employment trainings and subsidising farmers for learning new skills and entering larger cities to find a job. all these endeavours turned out to be huge waste of money without much fruit. everybody is complaining, including my friend, who believes the competition in the training market is too firece and feels helpless and shameful when reading stories of poor migrant workers in shanghai. sad.

is it possible to bridge the many two worlds in china? definitely.