The price of a One Country, Two Systems cup of coffee

Today, I went to buy a cup of coffee in a Hong Kong Starbucks. I tried to use a Shekou Starbucks “buy one get one free coupon”, which is valid in any Starbucks throughout Guangdong and Fujian. Nevertheless, the HK Starbucks did not accept my coupon because Shekou is in neidi (the interior). So I asked if Hong Kong was part of Guangdong — after all, the SAR speaks Cantonese and is justifiably proud of its Cantonese cuisine. The barista politely asked for my understanding because with respect to these kind of campaigns, Hong Kong is different from neidi and thus not part of Guangdong. However, when I asked if I could pay for my coffee using Chinese yuan, the answer was not only yes, but also that change would be given in Hong Kong dollars based on a one to one exchange rate. Thus, not only would I loose the exchange rate for the price of the coffee, but would be literally short-changed in the transaction.

Now, those of us who live in the Pearl River Delta are no doubt aware of the One Country, Two Systems policy, which in theory is designed to give Hong Kong, Macau, and Taiwan (at some imagined future date) a certain level of autonomy under a Mainland (Party) government. In practice, however, One Country, Two Systems is and integrated economic system, in which territorial identities create another site of unequal exchange. The most obvious example has been wage differentials between neidi and HK, Macau, and Taiwan. However, as the price of cup of coffee shows, at the level of everyday consumer consumption, these differentials also come into play because every small shop in the Delta has the potential to become a money changer.

In a related update to an earlier post on transferring Chinese yuan into accounts outside the country, a friend told me that the easiest way to get money out of China by way of Macau was to purchase chips in neidi and carry them across the border, play a while, and then exchange remaining chips for Hong Kong dollars.

flourishing

Walked the Peak today and remembered why I love trees.

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Thinking Macau

Happy serendipity. I have been trying to make sense of my superficial impressions of Macau and this morning, a former student pointed me to the article, Capital Flight of China’s Wealthy Gets Ready for Takeoff. Long story short — using credit card purchases to transfer Chinese savings into international accounts. If this loophole sounds suspiciously like the money laundering another friend attributed to Yongfengyuan, that’s probably because the same group of people are involved: China’s officials and/or those with business ties to the current administration.

What have I seen and overheard? Continue reading

living rocks in dragon’s claw

To get to the Trail of Morro de Hac Sa (黑沙龙爪角家乐径), we walked past high-end shop windows — Prada and Zelga and Lv, oh my — that grace the Avenida de Sagres, under the Rua Cidade da Sintra, and waited at the feet of the New Casino Lisboa, which glittered in faint noonday sun, the buildings size and audacity dwarfing its earlier, abruptly human-scaled incarnation. A #25 bus, carried us across the Ponte Governador Nobre de Carvalho Bridge from Macau to Taipa and then trundled through Taipa and Cotai, where 5-star accommodations rise like comic book illustrations on reclaimed land. We continued past the Vila Coloane to Black Sands, disembarked, and oriented ourselves away from the beach to the coast, which shimmers, alive.

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Wandering Macau’s Historic Center

Macau’s historic center presents us a fundamental conundrum. On the one hand, it’s Qing / Republican China meets Portugal spaces charm and entice; I find these older spaces beautiful in ways that the city’s casinos and glass towers are not. On the other hand, these spaces manifest colonial legacies; the East India Company’s cemetery and crucified Jesuses that adorn the Portuguese churches give visceral form to the foundational violence of the contemporary world system. Impressions of world heritage, below:

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The Cost of Business in Shenzhen

A translation of a 天涯深圳网 post, this time about a woman boss who set herself on fire to protest having her rental property revoked (罗湖文锦广场物管收回物业女老板自焚).

A Woman Boss sets herself on fire after the luohu wenjin plaza Property Management revokes her property by Nanfang Reporter, Feng Lei (南都记者丰雷 — 南方都市报)

Yesterday afternoon (January 12, 2012), Ms. Zou of Eastern Fengming Children’s Training, which is located on the 4th Floor, Building A of Luohu Wenjin Plaza set herself on fire to protest that the Plaza’s Property Management Firm had suddenly ended her rental contract, leaving her with over 2 million investment that cannot be recovered. At the moment of crisis, the Tianbei Fire Department and Plaza Management Firm came. According to the Management Firm, the contract stated that when the property owner needed to reclaim the property, then the renter would have to leave. According to Ms. Zou, the Property Management Firm was not the property owner and therefore has no right to evict her from the premiss. Continue reading

OCT Bay: Give Happiness a Coast?!

Visited OCT Bay (欢乐海岸) this afternoon. OCT Bay is the third Shenzhen development of “The New OCT‘” to expand and develop their brand throughout China. The first effort was OCT (now OCT Loft) and the second was OCT East. OCT Bay’s advertising slogans suggest the state-owned enterprise’s ambitions to provide fantasy shopping experiences, for example: Elegant Christmas, Fashionable New Year’s (风雅圣诞,时尚新年). However, their motto, Give Happiness a Coast (给欢乐一个海岸) is beyond ironic. Water light shows, an artificial lake, and boat rides on the winding river, notwithstanding, the entire complex is built on reclaimed land from Shenzhen Bay. In fact, the former coastline (at least a km inland) used to be edged with mangrove trees and, further into the bay (in the middle of the complex), oyster cultivation. Impressions, below:

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Speculation about Shenzhen’s Cultural Industry

Today, I’m following up yesterday’s cultural industry post with a friend’s highly speculative explanation for the apparent decline of the Century Handicraft Plaza. This conversation interests me because it provides a sociological explanation for economic success; the question isn’t what can be known, but rather, in the absence of knowledge, what ought to be assumed. Moreover, the assumption is interestingly at odds with Weber’s puritans, who saw wealth as a sign of God’s blessing. In contrast, my friend sees wealth and economic viability as signs of corruption.

Me: When I went to the Yongfengyuan store in the Handicraft Plaza, I was surprised by the fact that they were selling the same cultural products as last year and that the second floor showroom had been converted to office space. How can this happen to a national level cultural enterprise? Moreover, many of the surrounding shops had closed. So despite architectural renovations, the Plaza seemed abandoned.

Friend: It’s actually not too difficult to figure out. The cultural industry fair is over, so there’s no reason to keep pumping money into the Plaza. Also, Yongfengyuan makes expensive gifts that officials exchange, so the brand has probably been a way of channeling public money into private pockets.  Continue reading