Month: August 2005

  • The Difficulty of Being Productive

    With technology these days, things seem so convenient.  You speak
    the name of the person you want to call into your phone, and the phone
    dials the number automatically.  You pull up a couple websites,
    and all the research and text you require is at your fingertips. 
    Not home during your favourite show?  No worries, there's Tivo or
    you can download it off the net.

    But as I sit in front of my computer, I can't help but think how inundated we are with reams and reams of SHIT.

    I just downloaded Google Talk.  I already have MSN, I actually
    started with ICQ (My ICQ NUMBER is 6 digits), and I tried to stay loyal
    for a very long time.  But it's hard.  More and more people
    started to use MSN.  MSN added more and more features, and all
    those reminders asking you to download the latest MSN, play games with
    your friends, draw funny pictures, search online for new emoticons
    etc...

    So now, with all my efficient Microsoft Office tools, as I sit at my
    desk, I'm getting random messages from friends on MSN, chatting with a
    buddy from Google  Talk, checking Flickr for the latest pics from
    the weekend's party, talking on the phone, working on a word document
    while researching on the Internet.  My mobile phone is ringing and
    I have to put the other person on hold.  I get a delivery from the
    courier, a fax is coming in for me and I have a meeting with the client
    in 10 mins.

    How the heck am I supposed to seriously get any work done?

  • Going to University in China

    Going To University In China



    It is one thing to get good entrance examination marks and get

    accepted, but can you afford to go?



    Here are the basic numbers via a post at Yannan:



    [translation]  According to the China Youth Daily, the Jilin

    Provincial Government Research Center conducted a study of students at

    a senior secondary school in a rural county.  28.7% of the students

    said that they were afraid of attending university, because their

    family cannot afford the university fees.



    According to the study by the Jilin Provincial Government Research

    Center, in 2004, the average university tuition fee was 6,000 RMB, the

    average room charge was 1,000 RMB and the average food expenses was

    4,800 RMB.  Combining the three items, university students need 11,800

    RMB whereas the average net income for Jilin rural residents was

    3,000.42 RMB.  That is to say, each university student requires the

    net income of four rural peasants.



    The report emphasized that tremendous pressure from the university

    tuition is the biggest reason for rural students being afraid to

    attend university.  But this author believes that the uncertain

    earnings is the true reason for rural students not wanting to attend

    university.  According to economic theory, expected benefits directly

    determines investment confidence.  If attending university is a form

    of investment, then what are the expected benefits?  Of course, it is

    more than a piece of paper that is a diploma; it has to be the

    benefits that the student will receives after getting a job.



    The data indicates that the employment situation for university

    graduates are not optimistic.  In 2002, the number of university

    graduates was 1,450,000; in 2003, 2,120,000; in 2004, 2,800,000; in

    2005, 3,400,000.  With the continuous increase in the number of

    graduates, the job situation is getting tougher and tougher.  Not only

    does the competition for jobs increase, but the salaries are going

    down.  In 2004, the starting salaries for university students were 25%

    to 30% lower than the previous year.  According to a Beijing

    University study, the average university students has a monthly salary

    of only 1,550.7 RMB, of which 40.9% made less than 1,000 RMB and 45.5%

    made between 1,000-2,000 RMB.  The phrase "no salary job" is become

    fashionable.



    The difficulty in finding a job and the reduced salary directly

    reduces the expected benefits of a university education, and this

    affects investment confidence.  This is all the more true for

    low-income families.  In order to increase investment confidence,

    there was two factors.  The first is to reduce the amount of

    investment; that is, to reduce the tuition.  The second is to increase

    the benefits.  There is not much hope to improve these two factors.

    The university tuition was free when the nation was founded and

    increased to a symbolic 200 RMB in 1998.  The 11,800 RMB mentioned in

    the report represented a trend of non-stop sharp increases.  Although

    this trend has been questioned by many, the trend is towards even

    sharper increases.  As for the benefits?  Many universities attempt to

    attract students by publishing the employment rates for their

    graduates, but those figures are tainted by exaggerations and

    inflation when compared to other data.  The information, is that the

    number of employed students will hold steady at 2,500,000 and this

    means that it will be difficult to raise the expectations for getting

    jobs.  As for the salary, it is in direct proportion to the employment

    rate.  If employment is low, the companies have enough human resources

    already and people should be glad not to have their salaries cut.



    According to this, it will be hard to make the rural students not be

    afraid to go to university.



    The preceding is all very true, but somehow numbers leave me stone

    cold.  Perhaps that is a good thing, since I am a statistician by

    profession.   As a person, I am more likely to be moved by something

    as sugary as in this previous post Why The Visitors From Beijing Cried

    At The Sight Of The Bottle Of Remy Martin.  As it turns out, there is

    another post at Yannan that works at the personal level:



    [translation]



    Name: Yang Xiaojuan

    University Entrance Examination Marks: 611

    University Accepted: Sichuan University



    "Dad and Mom, I have managed to be accepted by Sichuan University.

    You can smile from your graves."  Yang Xiaojuan took the letter of

    acceptance from the Sichuan University and knelt in front of her

    parents' graves for one full hour.  Yang Xiaojuan is an unfortunate

    child.  When she entered junior secondary school, her mother passed

    away from a nerve infection; during the summer of her second year in

    high school, her dad passed away after suffering more than 20 years

    from brain blood clot.



    "Buy a newspaper!  Buy a newspaper!"  Yesterday morning at 10am, our

    reporter found Yang Xiaojuan near the bus depot selling newspaper.

    Although she was accepted for Sichuan University with a high mark of

    611, she was in no mood to celebrate because the more than 10,000 RMB

    in tuition fees did not make her happy.  "I know that I can't earn too

    much each day, but something is more than nothing.  Not matter what, I

    want to fulfill my parents' last wishes."  Yang Xiaojuan told the

    reporter.



    Yang Xiaojuan is currently staying at her aunt's place.  On July 30,

    2004, her dad passed away and her aunt became her guardian.  Her aunt

    told the reporter that both she and her husband were laid off in 2000

    and they are temporary workers trying to make enough money to get by.

    They tried to borrow money from their relatives and friends for Yang

    Xiaojuan, but most others are out of work with children.  So far, they

    have borrowed only 1,000 RMB or so.



    Yang Xiaojuan told the reporter that her father had a blood clot in

    the brain in 1983 and became paralyzed.  This meant that her mother

    was the sole income earner.  Her mother not only had to take care of

    her dad, but she had to earn money for his medical care as well as

    feel the family.  In 1998, when she entered junior secondary school,

    her mom developed a nerve infection from overworking and died six

    months later.  When Yang Xiaojuan spoke of her mother, tears came down

    her face.



    In July 2004, Yang Xiaojuan returned home and found her father dead in

    the bed.  After her dad passed away, all the friends and relatives

    went through the house and finally found 600 RMB underneath the tea

    table with the words: "This money is left for Xiaojuan's university

    tuition."  Yang Xiaojuan said that this money is untouched so far, as

    the funeral expenses were contributed by friends and family.



    The family misfortunes motivated Yang Xiaojuan to study hard.  At the

    university entrance examination this year, Yang Xiaojuan was accepted

    by Sichuan University with 611 marks.  On the day when she received

    the notification, Yang Xiaojuan told her parents in the first instant.

     But the high tuition fees made her cry against and again.  After all,

    she is still student and many places do not want students who only

    work while not in school.  Yang Xiaojuan could not find any work, so

    she is selling newspapers every day.

  • Publicly traded... CYOS

    http://finance.yahoo.com/q/bc? s=CYOS.OB&t=5d

    This seems interesting.  I wonder how they will do in the China landscape.

    CYOP's Chinese Poker Opening for Play on Sina.com; Online Poker to Be
    Available for Exclusive Play on Game Channel

    BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Aug. 18, 2005--CYOP Systems
    International Inc. (OTCBB:CYOS), a leading provider of online gaming
    software and operator of games portals, is pleased to announce that
    its Chinese version of TenSeatPoker.com software will be open for play
    on the Sina.com network this September.

    The site is in the final stages of integration on Sina.com, and is
    going through extensive quality control.

    CYOP's Chinese TenSeatPoker.com will be found exclusively for the Game
    Channel on SINA.com Online. SINA will further arrange fixed entry
    points by providing tournaments on the SINA Taiwan and Beijing
    Channels, linking on-line traffic to the co-branded Games site in the

    US.

    The Company intends to sell advertising and sponsorships within the
    games and related site. As well, CYOP will be hosting and managing
    multiplayer tournaments with cash prizes.

    And the TensSeatPoker.com site is being translated into Chinese;
    leveraging our tournament sponsorship and advertising model with the
    plan to convert the play for fun database into cash play gaming.

    Even with its minimal penetration rate, China already ranks second in
    the world in total Internet users. According to eMarketer, during the
    2004-2008 period, the US Internet population will grow at a 2.6%
    annual rate. In contrast, China's Internet population will grow during
    the 2004-2008 period by over 14.3% on an annual basis.

    Mitch White, CEO of CYOP commented, "Interest in China is growing, and
    North Americans are beginning to understand the potential of the huge
    marketplace. Recent events such as Baidu.com's IPO and Yahoo's $1
    billion Alibaba.com deal are proving that strong moves are being made
    into the burgeoning Chinese Internet. CYOP is also strategically
    positioning itself as an early entrant into the online poker industry
    in Asia."

    About CYOP

    CYOP is a provider of multimedia transactional technology solutions
    and services for the entertainment industry and a developer of online
    skill games, poker, and bingo. The Company's range of products and
    services include financial transaction platforms for on-line video
    games, licensed online gaming software, gaming websites, poker portals
    and integrated e-commerce transaction technology for on-line
    merchants.

    CYOP's central games portal, www.SkillArcade.com, features virtual
    games where people play popular skill games against other players and
    compete in tournaments to win real money prizes. CYOP's Software may
    be viewed at
    www.RedFelt.com, its play for cash poker site at 
    www.TenSeatPoker.com and it Chinese site at www.CrediPlay.cn

  • Shady Chinese Women

    Wow, check out this bio of Ms. Wendy Deng, Rupert Murdoch's new wife:

    http://en.wikipedia.org/wiki/Wendi_Deng

    She is hardcore.  She is the epitome of what a Chinese woman can do to a rich old man.

  • The China Way

    This is an interesting article to me because I've been reading Fareed Zakaria's The Future of Freedom: Illiberal Democracy at Home and Abroad.  I believe China is on the correct path, and the challenges truly lie ahead in the next 5 - 10 years.

    August 1, 2005

    China Tells Citizens Not to Test the Law

    By JIM YARDLEY



    BEIJING, July 31 - The Chinese government has warned citizens that

    they must obey the law and that any threats to social stability will

    not be tolerated, a sign that top leaders are growing increasingly

    worried about unrest in the countryside.



    The warning came in a front-page commentary published last Thursday in

    People's Daily, the chief mouthpiece of the Communist Party.



    "Protecting stability comes before all else," it cautioned. "Any

    behavior that wrecks stability and challenges the law will directly

    damage the people's fundamental interests."



    The editorial was also notable in what was omitted, namely any

    reference to President Hu Jintao's signature catchphrase, "harmonious

    society." Implicit in that phrase is the idea that the lopsided

    excesses and widespread corruption of rapid development must be

    corrected.



    But the editorial said widening inequality was an inevitable phase of

    development. "It is unavoidable that different people and different

    groups enjoy the fruits of reform and development to differing

    degrees," it said.



    No group is enjoying fewer of those fruits than peasants. Recently,

    2,000 farmers in Inner Mongolia demonstrated to try to block local

    officials from seizing their land.



    Joseph Fewsmith, a professor of international relations and political

    science at Boston University, said the populist image projected by Mr.

    Hu and Prime Minister Wen Jiabao was not reflected in recent moves. In

    February, the leadership made it much more difficult for peasants to

    file grievances with the government.