Thursday, February 16, 2012

Future Chinese President Met Obama On Valentine's Day

Chinese Future President Xi Jinping who is expected to take office on March 2013 became Obama's Valentine this year. They met in Washington DC on Feb 14.




Obama has the same rhetoric in different international conferences so many times, which makes what he said become a cliche. But this is probably the most "necessary" cliche in international community to remind two largest economies in the world periodically that we are intertwined in so many areas though we have mutual suspicions and so many divergences over sensitive issues. As tricky it is, China and the US are never tired of playing this punch-and-then-fondle game. They are just like one couple who has so many divergent living habits but has to live under one roof because they are meant to be together. Why? This article recommended by NoTimeFor10 explains everything.

http://money.cnn.com/2012/02/13/news/economy/china_us_relations/index.htm?iid=HP_Highlight&hpt=hp_c1

Tuesday, February 7, 2012

What Does an American Student Like and Dislike about China



Check out these two videos clips about what an American student likes and dislikes about China. FUNNY!!







Surprisingly, I totally agree with his dislike about China.
In terms of his like about China,
First, the exchange rate to US dollar has become 6:1. Food in Beijing and Shanghai is not as cheap as he claimed because of the inflation taking place from last year. Just three people dining in a restaurant of TGI Friday level in Beijing will cost about 400 Chinese Yuan, equivalent to 67 US dollars.
Personally, I think American people are much nicer than Chinese people. THIS IS MY LIKE ABOUT AMERICA. Chinese people will not definitely push the door for another person who comes after him or her; or smile to each other frequently on streets. Otherwise, people would assume you are flirting or something. Probably because I am not a nice person, I did not notice the nice quality of our people.
After watching this, I began to wonder when to make my videos of WHAT I LIKE AND DISLIKE ABOUT AMERICA.


Thursday, February 2, 2012

Chinese Tourists Significantly Impact American Tourism Industry

Nearly a thousand Chinese tourists celebrated the Chinese Lunar New Year in Disneyland Resort in California this year. In order to make Chinese tourists in the United States spend a colorful Chinese New Year holiday, Disneyland Resort in California well prepared the "dumpling feast" and the VIP exclusive "fireworks over Sleeping Beauty Castle show" to entertain Chinese tourists. This is the second year when Chinese visitors were invited to celebrate the Chinese Lunar New Year in California. This group of Chinese tourists are called "God of Wealth" by Californian officials. This Chinese group spent $ 2,652 per person at least during their stay, twice than the per capita consumption of all overseas visitors in California.

According to "Wall Street Journal", for many wealthy Chinese tourists, the sound of  celebrating the Chinese Lunar New Year is not from fireworks, but from the tinkle of foreign store cash registers . "Many are going shopping!" Officials in charge of outbound travel agents said, "Luxury-hunting consumers in the urban China is the main group of Chinese New Year travel in Europe and America." Based on the newest report, China has become the world's largest consumer of luxury goods.

This is only a small part of Chinese tourists to the United States. Approximately 1.15 million Chinese toured the US in 2011. It is estimated to exceed 1.3 million this year. The statistics released by the U.S. Department of Commerce show that per capita consumption of foreign tourists in the United States is $ 4,000 , while per capita consumption of Chinese tourists is $6200. However, from the perspective of the United States Travel Association, $ 6,200 is clearly underestimated. It believes that the DoC only calculates the money Chinese tourists spend on the retail industry; in fact, if taking transportation, hotels, restaurants and spontaneous activities at their own expense into account, the per capita consumption of Chinese tourists would be at least $ 8,000.