Saturday, June 14, 2008

Heard around the Delta

Inflation, inflation, inflation, land slide after land slide, Avian flu, Black signal rain, red signal rains.... Terrible things are happening around the Pearl Delta.

On top of that, the Chinese gov't is restricting provincial level officials from visiting Hong Kong and Macau. They are only allowed to visit once a month. I believe this restrictions are due to the upcoming Olympics, and the Sichuan earthquake aftermath. Billions are being poured into the disaster region. And having officials coming to Hong Kong and Macau are seen to be lavish, donations being spent on personal consumption and donations on gambling.

Zegna, the Italian man's clothing store, are not making money for the last months or so. It's solely relied on mainland customers for its sale revenue. Who would have thought. No mainlanders are coming to shop, to show restrain not to spend expensively. That's good.

No comments: