Sprague Word

The future and more from Richard Sprague

Archive for August, 2012

Posted by sprague on August 31, 2012

Even if the Communist Party’s legitimacy does weaken enough for the party to fall, it might not be in any of our lifetimes.

China’s Long History of Defying the Doomsayers – Stephen Platt & Jeffrey Wasserstrom – The Atlantic

Advertisements

Posted in Uncategorized | Tagged: | Leave a Comment »

Posted by sprague on August 29, 2012

Love the fermented rice drink at Middle 8. (Taken with Instagram at 中八楼)

Posted in Uncategorized | Leave a Comment »

Posted by sprague on August 28, 2012

Chinese government at all levels has been spending money like a drunken sailor on leave. What should scare people however, is just how poorly this money has been spent.

The Real Risk of the Chinese Economy | Balding’s World

Posted in Uncategorized | Leave a Comment »

Posted by sprague on August 27, 2012

A survey of more than 6,000 new graduates conducted last year by Tsinghua University in Beijing said that entry-level salaries of 69% of college graduates are lower than those of the migrant workers who come from the countryside to man Chinese factories, a figure that government statistics currently put at about 2,200 yuan ($345) a month. Graduates from lower-level universities make an average of only 1,903 yuan a month, it said.

China’s Graduates Face Glut – WSJ.com

Posted in Uncategorized | Tagged: | Leave a Comment »

Posted by sprague on August 24, 2012

So here’s my question for all of you China skeptics that insist they are building way too much housing, infrastructure, heavy industry, etc. What precisely do you want them to build more of? And what are the 100s of millions of Chinese living in tiny ramshackle homes to do? Sit tight for a few more decades while resources pour into nice urban services for the pampered elite?

http://www.themoneyillusion.com/?p=15650

Posted in Uncategorized | Tagged: | Leave a Comment »

Posted by sprague on August 17, 2012

Slow day at the dry cleaners. (Taken with Instagram at Beijing)

Posted in Uncategorized | Leave a Comment »

Posted by sprague on August 12, 2012

Roasting fresh Sumatra coffee on a @probatone machine in #beijing. Smells wonderful! (Taken with Instagram at Ocean Grounds)

Posted in Uncategorized | Tagged: | Leave a Comment »

Posted by sprague on August 11, 2012

Bizarre spaceship-like lily pads on the lake at Old Summer Palace. (Taken with Instagram at Yuanmingyuan Park)

Posted in Uncategorized | Leave a Comment »

Posted by sprague on August 10, 2012

I often see foreigners have this lower-than-average-IQ look and shrug their shoulders when they talk about the Chinese culture.

Excerpts From a 1998 book written by the wife of ousted Chinese leader Bo Xilai, ‘Winning a Lawsuit in the U.S.’ – NYTimes.com

Posted in Uncategorized | Leave a Comment »

Posted by sprague on August 9, 2012

Can you OD on chrysanthemum tea? They bring it to my desk every morning now and I go through a pot or two a day. #notAddicted #canQuitAnytimeIWant (Taken with Instagram at Beijing)

Posted in Uncategorized | Tagged: , | Leave a Comment »