Bill Chen
Singapore son
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Is China's middle class poor by US standards?
China’s GDP per capita — a rough estimation of average output per person and average income, wealth, and standard of living — is ranked around 75th in the world. That puts it on par with countries like Argentina, Malaysia, and Argentina. In terms of PPP per capita (which represents buying power withi…
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The Hongqi Golden Sunflower series presentation. In particular, the top of the line L5 model (the last of the 3 models presented), is almost 6m long and starts at 7m RMB, or north of $1m USD. Note that is the base price. Expect the average customized delivery to top 10m. A 14–15m final bill isn't unu…
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Hainan builds 12 offshore duty-free stores under evolving shopping policy Fifteen years after China launched the offshore duty-free shopping policy in Hainan, its southernmost island province, customs authorities have supervised a cumulative 286.4 billion yuan (about 41.76 billion U.S. dollars) in of…
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I have a question about cutting boards. In your opinion, what type of material is best for cutting boards? What is your opinion on Titanium cutting Boards?
Throw the “Titanium” “Stainless Steel” and “Glass” cutting boards all in the same bin… They are too hard, and will simply blunt your expensive Ginsu knives…. From a Public Health standpoint, the “best” boards are plastic, solely because they can be easily color-coded to avoid cross contamination, and…
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China in 2011: “We have auto-loading 35mm airburst grenade guns built to destroy enemies behind trenches at 1000m” Everyone: “What a stupid idea, it’ll never work” US in 2026: “We are making a auto-loading 30mm airburst grenade guns built to destroy enemies behind trenches at 500m” Everyone: “Wow thi…
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This is a huge development because it unlocks pathway towards institutional investor holdings. China is serious about competing with the dollar for patronage. By the way, the English site for the Chinese government has improved and is a great option to read about policy development straight from the…
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So my commodity trader friend finally had time to chat and he says the physical market for oil (that is, actual delivery of crude) is experiencing increasing stress by the week. He reckons we are already in countdown mode, 30–40 days before all hell breaks loose. He also tells me helium prices have s…
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