Lost in Beijing» Olympics http://www.lost-in-beijing.com Are You Lost in Beijing? Thu, 31 Dec 2009 02:40:53 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 2008 Olympics: Advice to travelers attending the Beijing Olympics http://www.lost-in-beijing.com/2008-olympics-advice-to-travelers-attending-the-beijing-olympics/ http://www.lost-in-beijing.com/2008-olympics-advice-to-travelers-attending-the-beijing-olympics/#comments Thu, 29 Oct 2009 15:21:52 +0000 admin http://www.lost-in-beijing.com/2008-olympics-advice-to-travelers-attending-the-beijing-olympics/ Beijing but I have been on the subway in Shanghai many times. I only ventured out at rush hour one time. You needed to ... ]]> Beijing is such a charming and ancient city that it seems a waste to travel that far and only see Olympic events. When I was in the city in 2006, I was traveling with my family in the spring of the year. We were able to hire a guide through word of mouth from friends in China. But when I looked on line (http://www.tour-beijing.com/) , I found a web site that does just this very thing for you.

We were accompanied by a tour guide and a driver in a van. Our accommodations while not luxurious were perfectly adequate. The tour guides in China are all regulated by the government and are required to take tourist to certain government owned businesses and scenic locations. Still we received a very personal and individual experience. We were absolutely overwhelmed by the history, beauty and people in this city.

Even if I were familiar with the city, I would never attend the Olympics and expected to find my way around in this enormous city without specific help and knowledge. Firstly, the Chinese are not fluent in English. I do realize that the China government has pushed for the Chinese to learn English so that they can accommodate our needs. But, if you were to, for example, wander away from the beaten track you would need to have a back up plan to at least return to your hotel. A business card from your hotel with ensure that a taxi returns you to the correct location. Secondly, this very old city is not designed or planned. It grew up over many, many centuries. While we expect to see some logic in cities when we travel, you will not find it here. Thirdly, you are dealing with a huge mass of humanity. The Chinese are making a real effort to provide mass transportation for their people but it takes time. I did not travel on the subway system in Beijing but I have been on the subway in Shanghai many times. I only ventured out at rush hour one time. You needed to be strong and determined. Elderly or handicapped people are almost never seen.

So my advice to you in this situation is to sign up with a tour group, pay what ever it costs and follow the group leader. This is no time to be going on a travel “adventure”. In fact, even as much as I travel, I cannot imagine it.

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Hotels: the Olympics Fail to Draw a Crowd http://www.lost-in-beijing.com/hotels-the-olympics-fail-to-draw-a-crowd/ http://www.lost-in-beijing.com/hotels-the-olympics-fail-to-draw-a-crowd/#comments Sat, 10 Oct 2009 11:17:40 +0000 admin http://www.lost-in-beijing.com/hotels-the-olympics-fail-to-draw-a-crowd/ Beijing has caused speculation with regards to personal safety which has led to a lack of interest from some parties.

This year athletes from all around the world will be descending on Beijing for the summer Olympic Games.  As well as this millions around the world who will be watching at home on their television screens as the events unfold and potentially a few records get broken.

Whilst the athletes will be flocking to Beijing the same can’t be said for large portions of supports and fans.  Hosting the Olympics is meant to draw a much larger tourist crowd than has been reported for this year, it is a chance for countries to almost show off and show the world what they have to offer and maybe they’ll return some day.

The trouble with the Chinese Olympics is there seems to be a number of hurdles in the way for people to come to the country to enjoy the Games.  Official figures from the tourism Bureau in Beijing state that tourism figures are down 12.5% from a year ago which seems crazy considering the Olympics are happening this year.

The worst hit for this slump in tourism are hotels and the lack of tourist spending, in what was meant to be an excellent year of fully booked hotels and free-spending tourists, many have asked the question why?

The reasons for this apathy seem to be multiple ones.  Firstly the negative press that China has received recently with regards to its human rights record and the disputes over Tibet has spilled over in to the build up for the Games.  The tour that the Olympic flame took around the world starting in Athens was severely disrupted on numerous stop offs including Paris, London and San Francisco.  The aim of these protestors seemed to be to draw attention to the negative side of China and some may argue they managed just that.

Other reasons include strict visa laws meaning that it would be hard to get in to the country at all.  The recent earthquake in Beijing has caused speculation with regards to personal safety which has led to a lack of interest from some parties.

These reasons seem to be why most hotels in china are going to be between 44% and 77% filled, one hotel owner said that this was disappointing since they were expecting this figure to be in the 90s generally but unfortunately many foreign tourists are not going to be filling the hotels this year. 

While the Olympics this year will surely be worth seeing it seems that people are more interested in observing from the armchair than the stadium in China.

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What to expect for athletes and fans at the 2008 Beijing Olympics http://www.lost-in-beijing.com/what-to-expect-for-athletes-and-fans-at-the-2008-beijing-olympics/ http://www.lost-in-beijing.com/what-to-expect-for-athletes-and-fans-at-the-2008-beijing-olympics/#comments Sun, 20 Sep 2009 19:18:22 +0000 admin http://www.lost-in-beijing.com/what-to-expect-for-athletes-and-fans-at-the-2008-beijing-olympics/

Fans can expect something a little different at the Beijing Olympics. First, they have to accept they are in China and the rules there will be strict. They will be subject to ... ]]> Athletes at the Beijing Olympics can expect what every athlete has learned to expect from these events ever since international competition came about.

They can expect fierce competition, they can expect those countries with most funding and more facilities to do better. They can expect to win if they are the best, and to do poorly i

if they have not managed to train well.

Thankfully, they can also expect less cheating than say in the 1970s, and they can expect to be regularly dope tested whether they win or not. If they win they will be automatically dope tested after an event.

Athletes can also expect a certain level of camaraderie between each other. Competition is healthy but athletes from all countries understand what it is like to live and breath a sport so they will commiserate with the losers, feel jealous yet admire the winners and feel empathy when an athlete get injured. This is probably the biggest event of their careers and to have to withdraw due to injury is a painful experience.

Above all, athletes can expect a huge rush of adrenaline, many emotions and a sense of fierce national pride. They can also expect to find fans they never knew they had.

Fans can expect something a little different at the Beijing Olympics. First, they have to accept they are in China and the rules there will be strict. They will be subject to a barrage of propaganda from the CCP (Chinese Communist Party). They will be told how well China is doing, how its people are prosperous and secure, yet they will not have the freedom to wonder Beijing at will and certain areas will be strictly no-go areas for visiting fans.

They can expect to be amazed, disappointed, happy, sad, empathetic, proud and also angry at the athletes success and behavior. They will see feats of achievement, records broken, personal bests, real achievements from athletes not expected to do well and they will also see the difference between those countries that can train athletes well and those lacking in funds.

The fans will go away with a mixed bag of emotions as they will have witnessed probably the greatest sporting spectacle they will ever see, yet they will have been in a country whose record of human rights is one of the worst in the World.

They will be aware of protests, propaganda and government forced jollities. They will be aware of the seething mass of people that is Beijing and they will, perhaps a little sadly, be aware that they have been unwitting supporters by paying money for travel, hotels and goods, of one of the most oppressive regimes in the world.

They will perhaps have to accept that they have been subjected to a well oiled masquerade, one aimed at the wolrd’s media and designed to show this oppresive regime in the best lightpossible. They will hear nothing in China about ‘disappearances’, forced sterilisations, the plight of the Tibetan and Mogolian peoples.

Yet, for all the mixed feelings, if you asked them would they do it again, the most likely answer will be, ‘yes, in a heartbeat’.

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Choosing a good real estate investment http://www.lost-in-beijing.com/choosing-a-good-real-estate-investment/ http://www.lost-in-beijing.com/choosing-a-good-real-estate-investment/#comments Thu, 17 Sep 2009 18:12:17 +0000 admin http://www.lost-in-beijing.com/choosing-a-good-real-estate-investment/ Beijing Tourism Bureau, there will be 110 new hotels coming up for accommodating about 550,000 guests during Beijing Olympics.

Beijing and Shanghai REITs may provide opportunities for quick bucks. One can do good ... ]]> Investing In Chinese Real Estate Investment Trusts

One of the investment instruments is a Real Estate Investment Trust or REIT. One can control real estate through these. Thus is one does not have a large amount of money, he or she can still participate in the ownership of real estate through REITs. These can generate income and capital appreciation over a period of time.

Due to the ensuing Olympics in Beijing, China, there is an excellent opportunity to invest in China REITs for a short period and quick profits.

Till very recently China was quite a closed economy. Investment in Chinese real estate possible was possible only through Hong Kong companies. GZI REIT operating from Hong Kong was the first successful REIT to have established control over REITs in mainland China. Now others have followed.

There is a great demand for real estate in China and will be strong during coming years, more so during 2008. Moreover, China is opening up and its economy is booming. Chi8nese middle class is also on swelling. All this bodes well for real estate in China.

Two major areas where REITs are going to be lucrative are hotels and resorts. So investors may do well investing in these REITs. According to Beijing Tourism Bureau, there will be 110 new hotels coming up for accommodating about 550,000 guests during Beijing Olympics.

Beijing and Shanghai REITs may provide opportunities for quick bucks. One can do good even in the long run.

One needs to be clear about investment objectives in China REITs. For short run profits, Beijing Olympics provides a good outlet for excellent returns. These may continue to be so even in the long run though at a reduced rate.

While investing in Chinese markets, one has to be careful about certain conditions which are peculiar to China only. For example it is still not considered a transparent country. Its laws are obscure and complex. There are many language and cultural barriers. In view of these problems, it might be advisable to invest in Hong Kong or Singapore REITs which have a stake in real estate of mainland China. These are more open and subject to international law.

International investing provides a mechanism for diversification and a hedge against US recession. Therefore, China and other Asian countries need to be given serious attention.

All of these markets need to be researched and explored.

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Are you really roughing it with camping, or are you just sleeping in a tent? http://www.lost-in-beijing.com/are-you-really-roughing-it-with-camping-or-are-you-just-sleeping-in-a-tent/ http://www.lost-in-beijing.com/are-you-really-roughing-it-with-camping-or-are-you-just-sleeping-in-a-tent/#comments Tue, 08 Sep 2009 15:49:40 +0000 admin http://www.lost-in-beijing.com/are-you-really-roughing-it-with-camping-or-are-you-just-sleeping-in-a-tent/

Beijing Games organisers announced last month that the stadium would not now be completed until next March, despite ... ]]> Bird’s Nest may end up with foreign company’s name

The “Bird Nest” national stadium, the centrepiece of the 2008 Beijing Olympics, could end up bearing the name of a foreign company, local media has reported.

The naming rights for the iconic 91,000-seater arena will be sold after the Olympics and there will be no bar to foreign companies bidding.

Domestic or foreign companies, both are ok , but they will also consider if the company can be accepted by Chinese people,they have already been talking with some companies.

It may not be accepted by the public but they have spent over a billion yuan ($129.4 million). It can’t be paid out without getting a retur.

The stadium would not be open for free after the Olympics as was the case in 1976 host city Montreal, although 20,000 to 30,000 visitors a day were expected.

The revenue from tickets, adverts, hotels, restaurants and other attaching commercial facilities still can’t cover the cost of the stadium’s maintenance … the most profitable part will be the title rights.

NSC, which is owned by China’s top state-owned enterprise CITIC Group, is in charge of building the stadium and running it until 2038.

The company has to pay 42 percent of the 3.13 billion yuan cost of building stadium with the government covering the remaining 58 percent.

Beijing Games organisers announced last month that the stadium would not now be completed until next March, despite officials having said it would be finished by the end of 2007.

The Beijing Olympics starts on August 8, 2008.

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Beijing Lifestyle–2008 Olympics http://www.lost-in-beijing.com/beijing-lifestyle-2008-olympics/ http://www.lost-in-beijing.com/beijing-lifestyle-2008-olympics/#comments Wed, 15 Apr 2009 00:51:31 +0000 admin http://www.lost-in-beijing.com/beijing-lifestyle-2008-olympics/



Some scenes from NanLuo GuXiang, Houhai, and Sanlitun, 3 popular cafe/ bar/restaurant/nightclub areas in Beijing during the 2008 Olympics.

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