In a recent issue of Auto Motor und Sport this was noticed:

I feel... so used.
Now Under New Mismanagement
The conference was a bit of a downer. Andrea covered it pretty well, so I'll just add that the site itself will look way cool when finished, but BOCOG and the IOC have missed a huge opportunity by proving every skeptic who says that "sustainability" is just a new buzzzword for the same, tired PR totally correct.
Then, there were the bugs in the hotel. And judging by the large smears on the walls, we weren't the first to spend a few long nights at the Century Longdu Apartments sending large, fast-moving bugs to the big, poorly maintained high-rise in the sky.
But our weekend by the O-Green was not all bad. We happened to wander into the "South Silk Road" restaurant because everything else in the vicinity of the Conference Center seemed overpriced and westerner-oriented, and we hadn't tried Yunnan food yet. We were not surprised to find that the cuisine of the southwestern province is delicious, exotic and a refreshing contrast to the typical northern dishes, but we were shocked to discover that the place was dirt cheap, considering the high quality of ingredients and upscale decor. Here you can see the Fire Beef which was spicy and impossibly tender, and Pork with Mild Peppers and Sour Papaya, which was sweet, slightly spicy and sour with lime and cilantro flavors. Another highlight were the steamed buns which were made with sweet potato and cornmeal, and stuffed with sweet, smoky shredded barbecue ham. Probably the best restaurant we've been to yet, at the price.
Since getting back to Templeside, we went down to Chongwen by subway to check out more hutongs... I've been wanting a picture of this warning on the subway for some time.
Large parts of the protected areas in Chongwen look like war zones, particularly where the streets have been widened. Houses are simply gashed open to make way for the street, leaving half standing structures along these newly-paved roads, giving the place a kind of small-scale Dresden 1946 look. This army tent with a small plot of corn behind it really added to the whole post-apocalyptic feel.
These cats were a much-appreciated photographic distraction from the acres of rubble.
This is a picture from a billboard which currently blocks access to the Qianmen site. It shows what the place will look like once they get rid of all those pesky old buildings.
One of the coolest things about the hutongs which haven't been depopulated are the fruit markets. Fruit is super cheap, and of amazingly high quality. It doesn't all look good from the outside, which fools the American who is used to uniform displays of spotless produce, but the vendor will bust open the spotted, greenish tangerine you just turned your nose up at and make you eat a section, proving that it is lacking nothing in taste and juicyness. The grapefruit here are my favorite... the one in this picture is actually on the small side, as the really big ones can easily be the size of a human head. They are harder and crunchier than I'm used to, but taste delicious, and are a meal unto themselves.
"In real estate you're getting overinflated profits from borrowing money to get cheap land and then selling at inflated prices; and then you've got a stock market that is valuing a dollar of earnings at about 40 or 50 times. So you've got a bubble on top of a bubble."It's funny too, because the situation he's referring to specifically here is that of SOHO-China, a real estate company who's recent $1.6 billion Hong Kong IPO grew 15% on it's first day of trading in an otherwise down market... oh yeah, and it's also the company now behind the Qianmen development which Andrea and I are looking into. Not only that, but the the success of the IPO was basically dependent on the Qianmen project "working out" for SOHO, given that the offering was for a price premium more than 1.6 times it's net asset value without the Qianmen project, but as this story in Marketwatch puts it:
But like any gamble, when the zeroes keep getting tacked on, the risk soon becomes impossible to pass up. SOHO's profit was 340 million Yuan in 2006, and this year it's set to be 1.62 billion Yuan. If the Qianmen project gets held up (hint: it won't) their profit will *only* climb to 1.86 billion, but if (when) it does, the 2008 profits are expected to come in at 2.63 billion Yuan. Given the fact that SOHO's IPO lit up the Hong Kong market with 15% growth on it's first day, it seems pretty clear that investors (including Saudi Prince Alwaleed Bin Talal) have more faith in the power of projected profits than China's heritage protection laws.The IPO price range's premium to NAV narrows to a maximum of 30% when the value of the Qianmen project is included, analysts said."It's really a gamble on whether you think the Qianmen project will get regulatory approval or not. After all, it's heritage sites we are talking about here," said an analyst with a mainland Chinese asset management fund, who declined to be named.
Shanghai is, if nothing else, an exhausting city. After several days of heavy-duty shopping, huge crowds and harrowing subway rides, it was definately time to do something a little more relaxing. We couldn't have picked a more tranquil escape from the hustle and bustle than the Shanghai Ocean Aquarium. Wandering around the beautiful tanks of placid, colorful fish we forgot all about the 18 million go-getters we are sharing this non-stop city with... at least until we tried to catch a rush hour subway back across the Huangpu! Here are some pictures of our afternoon at the aquarium...
Who wants this guys job? Dude, don't look now, but there are Giant Japanese Spider Crabs right behind you...
Andrea thought this giant Amazon River fish needed to be put in line, hence the angry fist.
Shark tunnel was way cool.
Going down the elevator, Andrea was getting way excited.
Seal, upside down.
A turtle... not that exciting, but pretty damn cute.
Fish chomping on lettuce. Kind of like "Jaws" for vegetarians.
Andrea trying to reason with more unruly fish.

At the brewery, we got to check out all kinds of old-timey beer making stuff, smell hops and yeast and learn all kinds of things about Tsingtao we never knew...
...like its history. Did you know that it was founded by Germans? how cool is that?
We also discovered, that despite its despicable Nazi roots, Tsingtao beer cares about the environment. This was the last picture in a whole display on environmental responsibility... and I thought that there was nothing I could do to help the environment!
The highlight of the brewery (besides the free beer) was the drunk simulator, a room that induces an extreme state of unsteadiness. We still aren't sure if this was caused by a sloping floor, or the rad mural of KISS and other rock greats, but it sure made us feel like we had our slant on.
To enhance the enjoyment of the drunk simulator, there was a camera inside to capture every awkward stagger. This elderly couple didn't look like they enjoyed the experience quite as much as we did.
But time does not stand still for even the precious sentimentalities of the traveler, and so grabbing a few pitas filled with roast lamb, lettuce, shredded cucumber and chinese barbecue sauce for the trip, we took the underground to the imposing Beijing train station and caught an overnight train to Qingdao. The trip was relaxing and low key: a few hours of reading (William Vollman's magnificent Europe Central- highly recommended!), a somewhat short night of sleep in the very comfortable "soft" sleeper car, and waking to watch the sun rise over the broad expanse of Shandong province. Flat fields of grain punctuated by stands of trees, huge clusters of (former?) collective farm buildings, and lone figures standing by large fires in the low-hanging mist sped past the window of the train.
After arrival (through a nasty industrial zone), and a convoluted cab ride (must get hostel directions printed in Chinese in the future...), we arrived at our hostel, dropped off our bags and took off to explore "The Pearl of the Yellow Sea."
Qingdao seems about as different from Beijing as is possible without leaving the country... think the difference between Chicago and Santa Cruz. A far cry from Beijing's flat grid layout and traditional Chinese monuments, Qingdao is a hilly maze of crazily winding streets, lined with a huge number of shabby old European buildings from the days when the town was a German concession. It's definately a tourist destination, but stray off the beaches and main drags, and you find streets and markets that reach levels of filth and smell that the relatively meticulous Beijingers would turn their noses up at. It reminds you of the considerable efforts that Beijing has made to shine up its image for the upcoming Olympics, and the extent to which the rest of China is still lagging behind.
But don't let me give you the wrong impression... Qingdao is a great city. It is very laid back, and you can tell that the locals enjoy a slower pace of life. The weather was fantastic (as you can see from the pictures), the beaches are haunted by tanned locals exercising, swimming and tanning, and the air is full of dragonflies. Tiny seafood restaurants line the streets with your next meal swimming (or floating belly-up at the cheaper places) in a tank on the sidewalk, and on all but the busiest streets you can find someone with a tapped keg of the delicious local beer who will be happy to fill a plastic bag for you to sip from as you wander around. What better way to wash down a delicious meal of noodle soup filled with tiny clams and a hunk of barbecued octopus with a spicy, sweet, tangy barbecue sauce? Considering that all the above can be yours for about $2, Qingdao makes a compelling case for being heaven on earth.


This band kicks serious ass. I swear to god, the violin player could make that instrument sound like a fairytale princess singing from an enchanted castle. It was enough to make you want to cry...
The old and the new. A pagoda on lake HouHai and a giant building being constructed in the central business district. You might be able to see the cranes on top of the huge buildings frame which make it look like something out of Star Wars.
HouHai bar district at night. Trendy and overpriced, but not without its charm..
The Drum and Bell towers across HouHai at night. Not a bad sight to stare at while getting tossed in a bar, eh?
If I could master the Chinese way with words, I wouldn't have to put so many pictures in my blog posts, now would I?

Andrea got this carved horn bracelet for a song... sometimes walking away pays off!
Asian spaceman tin toy. If we ever go back to the market, someone is going to have to physically restrain me from ruinous debt at the tin toy stand. Some very cool stuff there.
These were the surprise find of the outing: Chinese serialized versions of Tintin books. $2.50 a pop, and found under a stack of Cultural Revolution posters (got a bunch of those too!) in a mini-shop on the periphery of the market.
The always-popular Chairman Mao watch with "wave-to-the-people action." Sorry Ben, no snowglobes.
Tibetan-style wood box with elephants and Tibetan script. Sturdy enough to stand or sit on (as demonstrated by our vendor mid-haggle) and hand-painted. Sadly, shipping costs will pad the otherwise low-low price. Still, a sweet box... especially for this elephant lover.
So, there's more including several packs of playing cards (including the Iraq Most Wanted and "Red Memories"), the afore-mentioned Cultural Revolution posters (repros), silver jewelry, and a few gifts which shall remain nameless so as not to ruin the surprise. All for well under $200. Not too shabby.


