Sprague Word

The future and more from Richard Sprague

Archive for July, 2012

Posted by sprague on July 30, 2012

Sunken sidewalk: Beijing storm damage outside my office building. (Taken with Instagram at Microsoft Beijing West Campus 微软亚太研发集团总部)

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Posted by sprague on July 29, 2012

China will continue to benefit from excess supply of labor through 2020. Excess labor is estimated in the range of 150 million at the present time, and projected to fall to around 30 million in 2020,” the IMF wrote in a special section of its report after annual economic consultations with China.

China’s demographic dividend still has room to run | beyondbrics

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Posted by sprague on July 29, 2012

When a visionary entrepreneur has an idea, he’s already got in his head the next six months what he wants to build – he’s just building it. That can’t be cloned until it comes out into the market. So a lot of foreign entrepreneurs have advantages in their product.

This Time Around, American Internet Companies Can Succeed in China | PandoDaily

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Posted by sprague on July 26, 2012

To put it plainly, consumers are getting a little bit tired of the look of the iPhone 4 and the iPhone 4S.

Apple’s rivals swoop as iPhone China sales flag | Reuters

When China’s wealthy (and wealthy wannabes) already have iPhones, you need something different if you want to show your status.

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Understanding Chinese Holidays

Posted by sprague on July 26, 2012

Illuminant’s Chinese Takeout Vol-02 (72 dpi) for Web

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Posted by sprague on July 19, 2012

Oops almost forgot. In America you never walk on a red light, even if there are no cars in sight. (Taken with Instagram at SF MUNI – 14/14L/14X Mission)

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Posted by sprague on July 18, 2012

The founder of economics, Adam Smith, had a term for this. He called it “the stationary state.” In his day it was China that looked stationary: a once “opulent” country that had simply ceased to grow. Smith blamed China’s unfavorable institutions—including its bureaucracy—for the stasis. He also noticed how the stationary state favored the super-rich and civil servants, leaving poor laborers to slide toward subsistence wages.

Niall Ferguson: The Cure for Our Economy’s Stationary State – Newsweek and The Daily Beast

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Posted by sprague on July 13, 2012

China wants you to misunderstand this economy,” one very successful investor said, suggesting that it serves China’s interests to be underestimated by the United States.

NYT: China’s Optimistic Economy

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Posted by sprague on July 12, 2012

Oncoming subway train. (Taken with Instagram at 地铁西直门站 Subway Xizhimen)

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Posted by sprague on July 10, 2012

Five ducks/hr: I counted. That’s the productivity of a chef here. Betcha it’d be higher if KFC ever starts serving Peking Duck. (Taken with Instagram at Quanjude Roast Duck 全聚德)

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