One: no private person can own any website domain name or hosting of
any domain. The ever so vigilant Internet governing body has declared
that every application MUST have accompanied valid business licence or
other supporting official documents. The official reason for this
rule in effect immediately is to combat pornography being hosted by
private persons. Right. Wonder who's relative(s) or SOEs will come
in and scooped up all the domain names and start raking in $
Two: It's official a major bubble in the real estate market in
Shanghai. The People's Congress Shanghai representative has declared
that and "very concern". Things are getting really really out of
hand. And the way it is going, looks like the Japanese real estate
market before it crashed and never recovered. The real estate prices
in Shanghai has jumped 5 times plus over the GDP growth. And all I
saw were empty buildings. A side note: all major consumer brand names
like Bally, Gucci, etc are offering discounts of 20% up till end of
this year.
No comments:
Post a Comment