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	<title>The travels of Justin &#187; Economics</title>
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		<title>Inconvenient convenience store</title>
		<link>http://bluealpha.com/archives/2007/01/20/inconvenient-convenience-store/</link>
		<comments>http://bluealpha.com/archives/2007/01/20/inconvenient-convenience-store/#comments</comments>
		<pubDate>Sat, 20 Jan 2007 11:09:51 +0000</pubDate>
		<dc:creator>Justin</dc:creator>
				<category><![CDATA[China 中国]]></category>
		<category><![CDATA[Culture]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Nanchang (南昌市)]]></category>

		<guid isPermaLink="false">http://bluealpha.com/archives/2007/01/20/inconvenient-convenience-store/</guid>
		<description><![CDATA[The other day I took a walk on Zhong Shan Road (中山路 zhōngshānlù) which is part of the shopping centre of Nanchang. I&#8217;ve never gone shopping there, but I still enjoy the area with it&#8217;s crowds of shoppers and activity. Zhong Shan Road is dotted with mostly middle-aged ladies trying to grab my attention with [...]]]></description>
			<content:encoded><![CDATA[<p>The other day I took a walk on Zhong Shan Road (中山路 zhōngshānlù) which is part of the shopping centre of Nanchang. I&#8217;ve never gone shopping there, but I still enjoy the area with it&#8217;s crowds of shoppers and activity.</p>
<p>Zhong Shan Road is dotted with mostly middle-aged ladies trying to grab my attention with cries of &#8220;hello&#8221; followed by the word for &#8220;shoes&#8221; in Chinese (rarely English) along with lots of pointing at shoes to be certain I&#8217;ve understood their meaning. I&#8217;ve yet to meet anyone who expects me to know how to say &#8220;你好&#8221; (hello), let alone make a sentence, so they tend to smile and laugh easily when I say &#8220;不要，谢谢&#8221; (no thanks) which I think is a lot more polite than the reception they get from anyone else as they hustle to work the street. They often smile at me like I&#8217;m a big fun challenge for them since they&#8217;re smiling so nicely at me and working so hard to make it clear that I should be buying shoes from them. The less English they use the more dramatic and exaggerated the hand gestures tend to be, which is not unlike how I felt trying to communicate when I landed in Beijing for the first time. Perhaps that&#8217;s why they become momentarily dumbstruck when I point to my own shoes and say with a smile &#8220;我有&#8221; (I have) until it registers that I&#8217;ve given a cheeky reply and can understand them perfectly and the dramatic gestures are wholly unnecessary. These women work very hard every day trying to attract buyers to their little shoe boutiques located in little alleys and streets connected to Zhong Shan Road &mdash;spots that shoppers would never find without some encouragement &mdash; and they give lots of character to the shopping centre of Nanchang.</p>
<p>On this particular day I wondered for no particular reason into a large (for Nanchang) department store located on the corner of Zhong Shan Road and 8-1 Avenue (中山路在八一大道). I let myself be carried in by the solid stream of shoppers moving as a line through the store and listened to people around me talking about what nationality I might be and how tall I am. When the man behind me made a guess at my height while talking to his wife, I surprised them both by correcting his guess with a smile which opened a small conversation with the very nice couple. Since I had come to explore, I didn&#8217;t talk long before I excused myself to run around the store to discover its many departments.</p>
<p>From jewellery to shoes and bags, I moved upstairs finding myself surrounded by womens underwear. Not unlike other stores I&#8217;ve been to in China, the escalator to the 3rd floor was located in an obscure location requiring you to wander through isle after isle of lingerie before moving up to the next floor devoted to womens clothing. It&#8217;s not until the 4th floor that you start to see anything for men, which means that men have to really travel across the store from one escalator to another just to buy some clothing. I don&#8217;t know anything about the shopping habits of Chinese men, but I know many of my friends in Canada like to go inside, make their purchase, and get out quickly, but many stores in China don&#8217;t appear to cater to that style of quick shopping.</p>
<p>As I wind my way through the store I can hear the workers &mdash; usually young women &mdash; talking about me, encouraging their coworkers to say hello to me, calling other workers over to get a look before I&#8217;m out of sight, etc. One worker was standing with a group near a corner and, once I&#8217;d passed, expressed to her friends that I&#8217;d scared her. She just didn&#8217;t expect this tall foreigner to appear from around the corner. Somewhere else in the store I stopped to retie my shoelace and caught a group of workers having a very nice conversation about me. Only when I starting laughing along with their discussion did they start to become a bit quieter. One girl was too embarrassed and hid around the corner, but the other three coworkers tried to tell her not to be embarrassed, because I couldn&#8217;t possibly understand. Ha ha!</p>
<p>I imagine that the original building wasn&#8217;t big enough for the store, so they knocked down the wall that joins the neighbouring building and continued their products on a floor that might be correctly termed the 5th-and-and-a-half floor, reminding me of <a title="IMDB entry for 'Being John Malkovich'" href="http://www.imdb.com/title/tt0120601/">Being John Malkovich</a>. I&#8217;ve seen this solution to lack of space used in several stores in different Chinese cities. What I liked about it was that, on this particular day, the store appeared pretty average from the outside yet, once inside, the store seemed was much larger as I wound my way from escalator to escalator.</p>
<p>The top floor was devoted exclusively to baby products and children&#8217;s toys&#8230; or so I thought. Hidden among the toys was a sight I still can&#8217;t explain or understand: a grocery store. Why would anyone put a grocery store in such an obscure and awkward location? Do they really have enough customers willing to wander around and trek to the top floor to buy food? There were a few customers, but it was practically empty compared to any other grocery stores I&#8217;ve seen in Nanchang. I keep imagining that there must be another entrance to this grocery store that I failed to see. Even if customers relied on an elevator, there is no way this store could achieve any economies of scale.</p>
<p>Apparently there is now an Ikea store in Nanchang which is also located in a bizarre location. I&#8217;m preparing to leave Nanchang for the winter holiday, but I&#8217;ll go looking for it when I return in March. If you know how to find the Ikea, please leave a comment!</p>]]></content:encoded>
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		<slash:comments>6</slash:comments>
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		<item>
		<title>The best schools in Canada</title>
		<link>http://bluealpha.com/archives/2006/08/15/the-best-schools-in-canada/</link>
		<comments>http://bluealpha.com/archives/2006/08/15/the-best-schools-in-canada/#comments</comments>
		<pubDate>Wed, 16 Aug 2006 07:45:48 +0000</pubDate>
		<dc:creator>Justin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Thompson Rivers University (汤普森河大学)]]></category>

		<guid isPermaLink="false">http://bluealpha.com/archives/2006/08/15/the-best-schools-in-canada/</guid>
		<description><![CDATA[Last month I was answering questions about TRU and Canadian universities to Chinese parents. I&#8217;m sure China isn&#8217;t the only country that seems obsessed with ranking, but it&#8217;s a country where I have experience to talk about. Constantly my friends and people I meet are asking me about what is the &#8220;best&#8221; university in Canada. [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://bluealpha.com/archives/2006/07/22/school-rankings/">Last month</a> I was answering questions about <acronym title="Thompson Rivers University">TRU</acronym> and Canadian universities to Chinese parents. I&#8217;m sure China isn&#8217;t the only country that seems obsessed with ranking, but it&#8217;s a country where I have experience to talk about.</p>
<p>Constantly my friends and people I meet are asking me about what is the &#8220;best&#8221; university in Canada. They don&#8217;t want to know what school I think is the best, but what is ranked the highest? In a country where government decree tells you which one is the most prestigious school, I can forgive my friends with being frustrated when considering a Canadian school. No one seems to believe me that we do not have an official ranking system. &#8220;You must not know about it,&#8221; said one Chinese girl to me while her mother smiled from her side at the Beijing education expo. Canada&#8217;s most famous measure of quality and fame comes from <a href="http://www.macleans.ca/universities/">Macleans magazine</a>, but if that&#8217;s your only measure of education quality you&#8217;re going to have some surprises after graduation; besides, Mcleans ranks based on a variety of criteria, but that criteria is <a href="http://noisefromtheright.blogspot.com/2006/08/universities-to-macleans-smack.html">subject to critisim</a> and &mdash; even if you do accept it at face value &mdash; it still doesn&#8217;t end with a clear numerical ranking.</p>
<p>For example, if one wants to compare economics PhD programs you might spend several hours digesting a site like <a href="http://www.econphd.net/">econPhD.net</a> which has <a href="http://www.econphd.net/rankings.htm">rankings specific to &#8220;10 subdisciplines and 36 minor fields&#8230;&#8221;</a> What this clearly demonstrates is that someone wanting to study <a href="http://www.econphd.net/rank/rthght.htm">Economic History &amp; Thought</a> will rank schools very differently than someone studying <a href="http://www.econphd.net/rank/rfinec.htm">Financial Economics</a>. Whether you want a career in research &mdash; and thus put a lot of weight on whether graduates from a school are often published in academic journals &mash; or you want a career that applies economics in business decision making or entrepreneural activities, you will need to rank schools based on very different criteria.</p>
<p>One of the things I particularly like about <acronym title="Thompson Rivers University">TRU</acronym> is that it is a fantastic place for enterprising students in any field of study. <acronym title="Thompson Rivers University">TRU</acronym> is a new and fast growing university. There&#8217;s no debate club, the school newspaper is irrelevant, every department has great ideas that want to materialize, and all of these present opportunities to students who want to invent, create, and provide leadership and direction to an institution in its relative infancy. A school that is growing sometimes has more opportunities with less competition than school that are entrenched. If you dream of being a newspaper editor, you can get that hands-on experience at <acronym title="Thompson Rivers University">TRU</acronym> where it might be more difficult at another school. I was once that at <acronym title="University of British Columbia">UBC</acronym> it can be almost impossible to fight through the fierce competition to participate in a study-abroad program <a href="http://truworld.ca/">like the one I&#8217;m a part of</a>; even if you&#8217;re a top-student at other schools, only a limited number can go and you might not have that chance. I know that <acronym title="Thompson Rivers University">TRU</acronym> is creating opportunities for students who have dreams and need help to realize them. Both types of schools have their benefits, and <acronym title="Thompson Rivers University">TRU</acronym> isn&#8217;t perfect for everyone, but depending on a Mcleans-type ranking system will leave you blind to opportunities.</p>
<p>When asked about the <acronym title="Thompson Rivers University">TRU</acronym> business program I tell people about many stories I&#8217;ve heard about <a href="http://tru.ca/business/ace/"><acronym title="Advancing Canadian Entrepreneurship">ACE</acronym>*<acronym title="Thompson Rivers University">TRU</acronym></a>, the very active and successful business club has been operating professional businesses, hosting leadership and career training to students of all diciplines, and winning awards of the highest distinctions (my two-cents: someone should put those awards on that new website of theirs). If <acronym title="Advancing Canadian Entrepreneurship">ACE</acronym>*<acronym title="Thompson Rivers University">TRU</acronym> can beat most famous business schools in Canada in national competitions judged by CEO&#8217;s of the nations largest corporations, it&#8217;s fair to say that if the <acronym title="Thompson Rivers University">TRU</acronym> business program isn&#8217;t famous now, it&#8217;s just a matter of time; in the meantime, it&#8217;s competing at the national level which at least reflects a quality program.</p>
<p>While I can look upon my university with pride, I know that universities are subject to market conditions and have areas of specialty. Unlike China, graduating from a famous school will not ensure you a job, <a href="http://www.chinalawblog.com/chinalawblog/2006/08/china_who_you_k.html" title="China Law Blog: It's not who you know">and even this is changing</a>; in fact, Canadian business people recognize that Canadian schools each have different strengths. Macleans can aid potential students&mdash;as it is intended&mdash;but provides too limited a view of the Canadian education market to base life decisions on a ranking alone. There are perks at famous schools, but at the end of the the day it will be your individual accomplishments, your academic record, your resourcefulness, and your ability to get a job done that will ensure success in the post-graduation job market.</p>]]></content:encoded>
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		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>Tianjin: Will we still recognize you in 5 years?</title>
		<link>http://bluealpha.com/archives/2006/05/30/tianjin-will-we-still-recognize-you-in-5-years/</link>
		<comments>http://bluealpha.com/archives/2006/05/30/tianjin-will-we-still-recognize-you-in-5-years/#comments</comments>
		<pubDate>Tue, 30 May 2006 08:03:42 +0000</pubDate>
		<dc:creator>Justin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[China 中国]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Tianjin, China]]></category>

		<guid isPermaLink="false">http://bluealpha.com/archives/2006/05/30/tianjin-will-we-still-recognize-you-in-5-years/</guid>
		<description><![CDATA[In 9-months Tianjin has become a familiar place for me, just as Kamloops did in my single year of living there. From the cosy dorm at TUT, it&#8217;s hard to imagine the amazing growth that this city will experience over the next 5-years. With its population of 10-million people (about 1/3 the population of Canada), [...]]]></description>
			<content:encoded><![CDATA[<p>In 9-months Tianjin has become a familiar place for me, just as Kamloops did in my single year of living there. From the cosy dorm at <acronym title="Tianjin University of Technology">TUT</acronym>, it&#8217;s hard to imagine the amazing growth that this city will experience over the next 5-years. With its population of 10-million people (about 1/3 the population of Canada), Tianjin is often referred to as a &#8220;second-tier&#8221; city to distinguish it against the most famous cities like Beijing and Shanghai.</p>
<p>Dan Harris at the China Law blog gives an excellent introduction for the uninitiated of the changes that await investors and opportunity-seekers (including future <a href="http://www.truworld.ca/studyabroad.htm"><acronym title="Thompson Rivers University">TRU</acronym> study-abroad</a> students) in a great article featuring Tianjin:</p>
<ul>
<li><a href="http://www.chinalawblog.com/chinalawblog/2006/05/tianjin.html">Tianjin, China &#8212; Second Tier City With A Bright Future</a></li>
</ul>
<p>And it looks like Airbus is looking at putting their first non-European factory in Tianjin: &#8220;<em><a href="http://www.chinalawblog.com/chinalawblog/2006/05/what_did_we_tel.html">Tianjin, China &#8212; Flying High.</a></em>&#8220;</p>]]></content:encoded>
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		<slash:comments>7</slash:comments>
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