Our home’s first air-conditioner(s)

We have to get at least one air-conditioner to equip our home with this summer.

For my seven past summers in Beijing, and actually all my more than 30 past summers, I either didn’t lived in an air-conditioned home, or when I live in one, I seldom used air-conditioners. I don’t like big electricity bills or the air blown from long-serving air-conditioners that smells of old dust particles.

But, this summer is different. My family now live in a home we can call our own. My wife and I bought it last year literally right before we could no longer afford it. For your information, the price of our apartment in southern suburban Beijing has sky-rocketed by around 85% since we bought it last June.

Now share some of what I have to say…

* Anything you enjoy gets less enjoyable if it becomes a job.

* You can meet your Mr. or Ms. Right, but you cannot find them.

* If what you need is just money, you are lucky enough to have anything else in the right place.

* The future will hold promise for you only if you have good health. Good health is everything. You should not be pessimistic about anything else.

* TBC

Pay more for almost everything

I don’t know what kind of a country China is. It’s so strange that China, as a heavy buyer of mineral ores, soybeans, crude oils, and everything, is not in a position to set prices for those things. I read news about Chinese importers being forced to accept ridiculous price hikes charged by foreign raw material suppliers. Though I knew neither how the pricing mechanism worked on a global level nor how those price markups would affect China, it didn’t take an economist to guess that someone – most likely the average Chinese consumers – would be the last one to whom all price increases would be passed on.