Beijing landlords reap disappointment at Olympics
Overall, I would say that the games have been a staggering success. I’m extremely happy for China.
But… since Xinhua broke the ice, one of the concerns I had leading up to the games was the shortfall of the economic benefit from expectations. Landlords didn’t get the occupancy they hoped for – 60% of the units were vacant. It will be some time before the ledgers are all balanced but I expect that it will be more than the landlords looking at much less profits than expected. A friend of mine in Beijing has decided to return to her home town because business just wasn’t happening for her.
What will the impact be?
There is “A Reporter’s Guide to Covering the Olympics
“, supposedly found in the Foreign Correspondents Club in Hong Kong, at Time’s China Blog. It is well worth a read. Continue reading »
Written by: Brandon | Filed under:Analysis | Tags:2008, Beijing, butterfly, China, counter, effect, Killing, Olympic, Protest, riots, tibet, torch, World
– written by Brandon
It has been the case for well over 2000 years that with a huge population and rich diversities in custom, cuisines, dialects, culture, religions, ethnicities, and political views, it’s always a challenge for any Chinese government to unit its people. However, recent events provided the Central Empire another silver bullet in its arsenal to achieve just that, the butterfly effect.
It takes a real expert to explain the effect in details. The short and layman version is that a butterfly’s wings might create tiny changes in the atmosphere that ultimately cause a tornado to appear. In other words, a small disturbance might have huge and unintended consequences somewhere and somehow.
Examining what happened since middle of March will better illustrate my point.
Continue reading »