Do you know it costs US$4,000 to process and recycle 1 ton of plastic bags, which can then be sold on the commodities market for only US$32? So it’s a good thing that governments around the world are taking a concerted effort to ban the use of plastic bags. Here in Shenzhen, many supermarkets are… Read More »
Think again. Oil is dirt cheap compared to some other “necessities”. Budweiser beer: $447.25 a barrelTabasco hot sauce: $6,155.52 a barrelPerrier: $300.61 a barrelStarbucks coffee: $954.24 a barrel, milk not includedBen & Jerry’s New York Super Fudge Chunk: $1,609.44 a barrelChanel No. 5: $1,666,560 a barrel
The 90-page radio speech by John Galt from Ayn Rand’s “Atlas Shrugged” [1957] compressed into 964 words: For twelve years you’ve been asking “Who is John Galt?” This is John Galt speaking. I’m the man who’s taken away your victims and thus destroyed your world. You’ve heard it said that this is an age of… Read More »
Hong Kong’s Court of Appeal has ruled that a couple’s assets should be equally divided upon divorce, no matter what each spouse brought to the union. According to its latest judgment, marriage is a “partnership of equals” and “there is no room for discrimination between husband and wife”. Paul McCartney will most likely disagree. Previously,… Read More »
Face it, social networking is a silly idea. The countless social networking sites may be fun and novel at first, but once you’ve established contact with your long-lost “friend” (loosely defined here to include everyone that you’ve come across, no matter how brief the encounter), you’ll get bored quickly with these online procrastination services. That’s… Read More »
Bruce Einhorn, Asia regional editor in BusinessWeek’s Hong Kong bureau, wrote a heavily politicised article on China’s snowstorm in which he suggested that “with millions stranded by snowstorms and infrastructure problems, antigovernment protests are likely”. Having recently relocated to Shenzhen and as someone who hails from a country where leaders are arguably elected, all I… Read More »