PINK CANOPY

 

 

 

 

 

 

 

Photo by Ben Oliver

So where would your rather be?   Fresh air or dismal weather fluctuating between hot and cold?  We explore some of these issues in this blog about citizens of the world with an Asian bent.

WHAT TO BUY?

Seems that Hong Kong luxury residential is on pause for a bit as global bankers try to find grounding.

The government implemented some cooling measures and mortgage rates just increased causing a definite slowdown in take up of residential purchases.

Meanwhile retail rates go sky high as international retailers from everywhere wants to capture a piece of the Chinese Money.

The fleeting magnificence of Magnolia in the back yard this year.

CHASING CHINA MONEY

The global push against high paid investment bankers has slowed down the growth on luxury residential rents.   Also sales at new retail like Elements ICC in Kowloon are nothing compared to its counterparts across the harbour at IFC.

Big Brands are chasing Asian money.

 

 

 

 

 

 

 

Chinese buying Property Globally
 
  • Chinese are property investors in strategic cities globally.   Often locations where their children are attending schools or Recreation Homes ... MORE

  • One in seven in Hong Kong is a millionaire.  It is home base to 87~ financial institutions so the competition is tough.   But a necessary training ground for any global executive.    >>   MORE

SAKE TASTING IN JAPAN

Our resident oencologist and Foodie discovers sakes in Japan and shares her notes with us.    >>  MORE

A North American's sampling of Sake is from a different perspective.     >> MORE

INTERNET SHOPPING & GLOBAL ASIANS

E-commerce meanwhile is exploding, especially in China.  This from The Economist.

Will the Chinese make their way back to Vancouver for the fresh air and ease of commute?   

The Avian flu scare is certainly pushing  some to reconsider a move back to North America again.    


There is fear that there could be backlash to the study that more than 25 per cent of Downtown Vancouer condos are owned by foreign investors.    In any event the connection between Asia and Vancouver is hereby noted. 

But growth in the medium to long term is geared to Asia.   Its no wonder that some Asians are divesting their North American assets to shift funds back to Asia.  Lu Cliff Place in Toronto is example.  That transaction closed for $122 million (cdn).    Meanwhile western pension funds and institutional investors as sniffing in Asia as the next generation of investors will all be global.   A big NY firm set up a 'rhode scholar' equivalent, for the annointed individual be educated at the world's highest levels, in China this time.   Global influence is affected exponentially since the downturn in 2008.   Political and socio economic volatility prevail and therefore difficult to predict.   The low interest environment, high unemployment and shift in economy is not helping the average consumer anywhere.  We need to be more nimble with our money and our investments.   >>  MORE

WHAT THEY WILL DO FOR LOVE

Drawing courtesy of New York designer JUSTIN TEODORO

OF MONEY, I meant

Two articles for your to check out:

Beijing Socialites Learn Manners



Sara Jane Ho (right), founder of Institute Sarita, gives society wives a lesson in etiquette at the Park Hyatt Beijing.    Photos: Wu Hailang/Red Door News Hong Kong; Sinopix


They buy more Bentleys than the British, fill their luxury homes with more Swarovski crystal than the Swiss and spend more on Louis Vuitton and Versace than the French or the Italians. But one precious commodity, it seems, has eluded the citizens of the mainland in the country's extraordinary rise from developing nation to economic superpower: manners.   >>  MORE

Still practising yoga so that I can do an inversion as graceful as this.  Sigh... its hard work!

CHINESE BANKS ARE BEING AGGRESSIVE SINCE BUSINESS WITHIN CHINA IS SLOWING DOWN

Good Luck Calendar
Publisher:  Choi Gen Po Tong

 

Bamboo Network | HelloTaiTai.com

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