We'll be exploring several topics during our trip to China and Japan. One is the dramatic economic expansion in post-war Japan and the post-Mao development in China. The Associated Press reported on the opening of the largest Ikea in Asia in Beijing. That story is attached. In a moment I'll attach one or two photos from the Shanghai Ikea.
Take a look at the article. What portion of it do you think surprises me?
Here's one image from April 2006.
And another image.
Incidentally, the store was celebrating Ikea's 8 years in China with young women dressed in traditional (I guess) Swedish garb singing Swedish folk tunes. I desperately wanted to photograph this, but photos inside the store are not permitted.
How were the prices?
Thanks for the pictures and article, Clay. You asked which part of it surprised you. I'm not sure. Is it that there are only 1200 parking spaces but a 700 seat restaurant? I don't know. I'm stumped.
Nicole
I thought my fellow travellers might be interested in this article from BusinessWeek (5/1/06). Its focus is on Home Depot's hesitation to enter the China market, but it also includes information on home ownership and the need to finish a new purchase.
Click on the icon below (file in a vise) to open the file.
Hi Nicole,
I was amazed by the 700 seat restaurant. We don't generally think of Ikea as a dining destination, but clearly many Chinese shoppers do.
The LA Times (4/29/06) offered this article on China's richest individuals and families. It focuses on the increasing polarization of Chinese society.
Those interested in contemporary China would do well to read River Town, Peter Hessler's book about two years spent teaching English in SW China's Sichuan province. He's got a new book out, Oracle Bones and Jonathan Spence's review of it makes it sound as a good choice for the plane. See the attached review. If anyone cares to read it, please contribute your own review of it to the Asia in My Classroom forum.
I heard a report on NPR this afternoon about mass group shopping in Beijing, China. Apparently, an internet-based organization was established to maximize consumer purchasing power. Their motto is "more people, more cheaper". The idea is to bus hundreds of shoppers (600) into malls that are willing to negotiate the best discounts. The crowd was visiting a furniture store and was negotiating a 45% discount. Most of us would be thrilled with such a discount, but the group complained it was too low.
Ironically, a popular communist song was playing to motivate the shoppers who were flexing their capitalist might! The lyrics bellowed that "unity is power". Maybe it should have boasted that capitalism is supreme and consumer demand wins in the end.
A shopper stated that he longed for the large discount stores found in America such as Walmart. Uggh! He distrusted internet shopping and preferred American companies over Chinese stores. I cringed at the thought of a Walmart in the Forbidden City.
Ana[Edit by="amitchell on May 15, 10:01:17 PM"][/Edit]
I'm looking for a summary or history of China's economic reforms of the 20th century. Does anyone have a good source they can recommend? (preferrably something that is condensed and easy to read)
Ana[Edit by="amitchell on May 15, 10:02:38 PM"][/Edit]
Let me know if you find anything. I have been searching for similiar material.
I found something on the BBC website. I just did a search on Google and found an article that is brief and to the point. I plan to use the article with my freshman class and wanted something that was not too difficult for them. It breaks down the reforms by era and in easy-to-understand language. I don't have the web address but will post if it I can relocate it.
Hi Ana. I have an article on the changes China is experiencing in the 21st Century. I will bring you a copy when I see you next because I don't know how to post on-line. It discusses more than economics, though so may not be streamlined enough for you but you can check it out.
Hi Sharon, good to see you online I am interested in seeing the article. If you have it saved as a word document, you can easily attach it to your post. It's similar to attaching a document to an email. Look at the "Attachment" box below and click on the browse to pull up your directory.