Who is Online

We have 191 guests and no members online

Tourists

 

China in now the World’s second largest economy and, as we all know, the bespoke manufacturer for the whole World.  Consequently there are some very good bargains to be had in local markets where replicas of fashion Brands can be found at very low prices.  But in the upmarket shopping centres the prices are very similar to those in Australia.

Another good reason for visiting China is the food.  There is a wide range of cuisine.  In Beijing there was even a local French patisserie.  Food is generally of a very high standard and we ate in a range of restaurants from a small ‘hole in the wall’; where a local wit laughingly mimed that we would throw up; to expensive tourist restaurants.  We were not sick, even though the meal cost us about two dollars each.

On one bus trip, which was predominantly for locals, we were the only Europeans.  We ate lunch, included in the fare, in a large barn-like cafeteria with the other passengers from the bus.  The others were most concerned that we have our fair share of the communal servings on our table and were surprised that we could use chopsticks efficiently.  Again, the food was fine.  We soon became connoisseurs of Great Wall wine that comes in a wide range of prices and qualities; from cheap and nasty to very nice.

Generally speaking it is easy to travel and China as most public signs for, example in the metro or at the Airport, are written in English; in addition to the Chinese characters. 

 


image016Typical Metro Station 

Some Chinese people also speak English.  And the Chinese are used to making themselves understood as there are many local dialects.  My favourite example was when Wendy needed a toilet.  No one understood the five or six euphemisms or alternatives for toilet that she tried.  But our friend Sonia simply made a ‘psss’ sound.  A Chinese woman immediately understood and directed her to the ladies convenience.

But learning some basic Mandarin is a good idea.

 

No comments

Travel

Cruising to PNG

 

 

 

 

On the 17th February 2020 Wendy and I set sail on Queen Elizabeth on a two week cruise up to Papua New Guinea, returning to Sydney on 2nd March. 

Read more: Cruising to PNG

Fiction, Recollections & News

The Pandemic turns Two

 

 

It's now past two years since SARS-CoV-2 (Covid-19) spread beyond China and became a pandemic.

From the outset, I've covered aspects of the pandemic on this website, beginning with Love in the time of Coronavirus back in March 2020, so the passing of the pandemic's second birthday seemed an appropriate time to review what we've learnt.

The positive news is that: Covid-19 has been far less deadly than the 1918-20 "Spanish Influenza' pandemic. 

This relative success in limiting the number of deaths this time round is entirely due to modern science.

Read more: The Pandemic turns Two

Opinions and Philosophy

Manufacturing in Australia

 

 

 

This article was written in August 2011 after a career of many years concerned with Business Development in New South Wales Australia. I've not replaced it because, while the detailed economic parameters have changed, the underlying economic arguments remain the same (and it was a lot of work that I don't wish to repeat) for example:  

  • between Oct 2010 and April 2013 the Australian dollar exceeded the value of the US dollar and that was seriously impacting local manufacturing, particularly exporters;
  • as a result, in November 2011, the RBA (Reserve Bank of Australia) reduced the cash rate (%) from 4.75 to 4.5 and a month later to 4.25; yet
  • the dollar stayed stubbornly high until 2015, mainly due to a favourable balance of trade in commodities and to Australia's attraction to foreign investors following the Global Financial Crisis, that Australia had largely avoided.

 

 

2011 introduction:

Manufacturing viability is back in the news.

The loss of manufacturing jobs in the steel industry has been a rallying point for unions and employers' groups. The trigger was the announcement of the closure of the No 6 blast furnace at the BlueScope plant at Port Kembla.  This furnace is well into its present campaign and would have eventually required a very costly reline to keep operating.  The company says the loss of export sales does not justify its continued operation. The  remaining No 5 blast furnace underwent a major reline in 2009.  The immediate impact of the closure will be a halving of iron production; and correspondingly of downstream steel manufacture. BlueScope will also close the aging strip-rolling facility at Western Port in Victoria, originally designed to meet the automotive demand in Victoria and South Australia.

800 jobs will go at Port Kembla, 200 at Western Port and another 400 from local contractors.  The other Australian steelmaker OneSteel has also recently announced a workforce reduction of 400 jobs.

This announcement has reignited the 20th Century free trade versus protectionist economic and political debate. Labor backbenchers and the Greens want a Parliamentary enquiry. The Prime Minister (Julia Gillard) reportedly initially agreed, then, perhaps smelling trouble, demurred. No doubt 'Sir Humphrey' lurks not far back in the shadows. 

 

 

So what has and hasn't changed (disregarding a world pandemic presently raging)?

 

Read more: Manufacturing in Australia

Terms of Use

Terms of Use                                                                    Copyright