China Doll
Thursday, September 4, 2008
4 sept!
happy birthday to GERALDENE KOH RONG HUI (my sister) and JODIE LIM! both happen to be on the same day! =DDD
today is a rainy day. didn't feel like going to sch, by the time we walk to sch, cfm become luo tang ji le lo. but still have to go
today lesson is about china economics. the teacher was okay. lesson was okay nia. almost fall a slp =P. hahha. We learnt that the economy of China for the past 30 years has grown rapidly and now, it is beginning to slowdown. In the year 2006, the general prices of land per m2 is 2000RMB but it shot up to 5000 RMB in the year 2007. May be due to inflation. China’s market is of a mixed economy as there are many different kinds. Some parts of China is still in the natural economy. This means that the income of that area is highly due to agriculture farming. Our lecture, Mr Andy Xi also said that the economy of countries which have just held the Olympics would drop. the currency rate fluctuation from before the Beijing Olympics to during the Olympics and after the Olympics. The currency was strong during the Olympics and weak before and after.
He also told us about the average income of Chinese. 400-2000RMB per month. It was really little compared to Singapore and this in turn causes the lower goods and services rate of China. Chinese have to turn to cheaper goods and services like food, transportation and education. It is all interlinked and one factor affects the other.
*****taken from felicia pan*****
momo went to shit today. took his photo of his shit too! LOL
they cut off our water supply!
BYE!