Amazing to see Jet Li representing his causes at Davos, Switzerland, rubbing shoulders with the rich and powerful leaders of the world.
Friday 30 January 2009
Thursday 22 January 2009
Chandni Chowk to China...crazy Bollywood Kung Fu!
This is showing at my local independent cinema...From the hustle-bustle of Chandni Chowk to the hutongs of Beijing, the electric energy of Shanghai and sheer breathtaking Chinese landscapes, "Chandni Chowk to China" chronicles the lunatic adventures of a hapless simpleton cook from Delhi. As he goes to seek his destiny, he finds himself thrown into a crazy world of megalomaniac villains, femme fatales, crazy inventors, Chinese mysticism and outlandish kung-fu assassins!
Wednesday 21 January 2009
China still growing...
Despite the downturn in the world economy a newswire I read today made me raise an eyebrow. Market research firm, iSuppli, said that China has defied the expected 5 percent global decline in mobile handset shipments.Instead, China’s domestic wireless phone market is projected to increase by 7 percent in 2009! That means the Chinese are expected to continue to buy phones even when their jobs might be threatened this year as global consumption (of Chinese-made goods) falls. That's some 90 million new subscribers in 2009?!
Handout How could this be? First, I heard on NPR that only one third of China's production is for export, so it's not as exposed to the global freefall as we in the West might think. The rest of production is to "feed" the Chinese market of one billion people. Second, China’s three mobile operators are offering discounts and the government is even lending a hand (after all it's still Communist China) as it ponies up subsidies to keep the consumers spending!
But it's not all a bed of roses for China's mobile industry according to The Register who know their CDMA from their W-CDMA :)
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