Having lived in china for the past 8 years, speak the

Having lived in china for the past 8 years, speak the language, and drive myself on the streets of Shanghai. Things to remember in China.

Everything is FAKE, 99.99%
Everything is cheap except Tai Tai
Tourists are going to get ripped off, offer 8-12% of the asking price and they will make the deal.


Real Estate is the best investment. Currently own 48 condo's in shanghai, government won't allow me to buy anymore as of August 1, 2006.

Currency keep all your money in RMB as it gets stronger against the dollar, you get wealthier.

Shanghai stock market even with it's us and downs will prevail for the next 25 years.

I'm bailing out in 2011, after the Worlds Fair.


Posted by bob at 2007-07-11 11:31:21
Commented on
Difficulties as a Foreign Visitor