Monday, March 22, 2010

More News from Guangdong and China

Driving into Dongguan the fist time, I remember being awed by a new highway that crossed a big lake, Songshan Lake. A monstrous building under construction was pointed out to me on a point across the water. It was to be the new Hyatt hotel that I later frequented and enjoyed immensely. The development around the lake continues. The Administrative Committee of Songshan Lake Science and Technology just announced a major greenway corridor around the lake. It stretches 122 kilometers. That's over 75 miles for my American friends! It will even have bicycle rentals along the corridor. Wish I could get back to enjoy that!

Other news from Guangdong continues to lament about the rising cost of manufacturing in the province. Surprising considering the recent reports of labor shortages, the government has announced a minimum wage increase of more than 20 percent!!

The China Law Blog came out with a recent post, "You Want Chinese Workers? Think Outside the Guangdong Box". There are certainly still plenty of workers in China, and more interests is being given to areas other than Guangdong.

In an interesting post, NPR recently posted "Wait, What's the Difference between 'Yuan' and 'Renminbi'. Good reading and a nice audio on how to pronounce yuan and renminbi in Mandarin.

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