Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (121)	12/24/1997 9:06:00 PM
From: Chris	Read Replies (2) \| Respond to of 9980

in hong kong, it costs thosands of dollars for a mere garage space to park your car.. it's nuts <g> merry x-mas

To: RealMuLan who wrote (121)	12/24/1997 11:08:00 PM
From: Stitch	Respond to of 9980

Zhang, Yes...the downside of Asia's economic rise has been traffic everywhere. But I remember similar scenes in the US in Chicago, Los Angeles, and most of the larger cities back in the 60s and 70s. The key is more public transport, better road systems, smarter desin in traffic flow, etc etc Asia will get there one day (I hope). Your email suggest you are in Wisconsin. Hope you arent freezing! And hope you have a nice holiday. GO PACKERS!!! Best , Stitch (in Kuala Lumpur)

To: RealMuLan who wrote (121)	12/26/1997 12:37:00 AM
From: Richard Tsang	Respond to of 9980

Re: Car ownership license cost. A recent study indicates that the cost is different from city to city in China. In Shanghai it is now RMB120,000 (US$14,500), Nanjing RMB60,000, Suzhou RMB80,000, Beijing RMB200 and Guanzhou RMB400. Beijing and Guanzhou do not punish people for owning a car! The traffic congestion in Shanghai has improved significantly when the new elevated inner "ring road" was in operation a few years ago and is getting better with the opening of more new roads. This is much better than the situation in other major cities in Asia that I often visit, such as Bangkok, Taipei, Seoul and Manila. These other cities are not charging extra for owning a car. In our survey conducted among the local managers, we also found out that the first on their priority list is to start ownership of a small apartment, then a car, then upgrade to a bigger apartment. Owning a car is symbol of prosperity....I can understand that because of the high cost of owning one. My neighbor, a local Chinese who owns a small electronic factory of 100 people, has just upgraded his to a Lexus 400. Most other expats, me included, drive either a Santana from Shanghai VW or a Camry (import). RT - with greetings form Shanghai, China.