Story from Shanghai - Email dated Dec 26, 2004howdy guys,
shanghai is definitely booming as tall buildings kept
popping up here and there, like mushrooms after rains.
property price here has shot up quite a lot,easily
more than 50% since 2-3 years ago. my m'sian colleague
rented a 3 bedroom furnished apartment for around rm
3k, which is 5 minutes walk to shanghai office (Hitech Plaza).
carrefours are everywhere. ikea and walmarts (maybe,
in south china as i did not see any in shanghai) are
also in this market. car traffics is getting bad as
more people start to drive. taxi ride in shanghai can
be scary, has a near miss during my last week's stay
there. that's the reason i opt for limo ride to and
from airport (rm 130 per trip on a nice Buick), as
safety with a cost is better than rm 60 scary taxi
ride which might even take you for a one-way ticket to
hell or heaven! when i knocked off work at 2:30 am one
of the nite, i could see workers riding bicycles home
or walking home in group. few hawkers stalls were
stationed just outside the timwell industrial park
compound, where my company's technical centre is
located. imagine the machinery in the plants here are
running 24 hours non-stop, producing products for the
world in the cheapest cost possible.
was on 1st class on return flight as flight was full.
mr edwards, ex-lotus british manager was sitted beside
me. he was sore with proton as the mgt retrenched him
last year. he disclosed a lot of bad experience
working for proton to me as he drank more red wines,
to heal his wounds. anyway, he's now doing well in his
own business, sourcing car spare parts from china
for cars makers. he works mainly in china, but love
m'sia so much, he still has his japanese wife living
in kl at their penthouse apartment, 5 minutes away
from KLCC. he said he managed gen-2 project, the cost
of raw materials for this car is only rm 18,500.
quality is shitty as proton mgt has already allocated
certain group of parts suppliers to buy from as these
groups have already given kickbacks to these
decison-makers. corruptions are a norm and team
members are not qualified. tengku mahaleel gave him 60
m'sian resumes and he chose 12 that seems to be
qualified. only 5-6 members contributed to thie gen-2
project, the rest just collect their pays without much
efforts etc.
he said tengku is not a good manager. just lucky to be
put into that position due to his royalty blood.
he was impressed with chinese workers. he said he
works 7 days, 12 hours per day and his shanghai 26
years old secretary also work the same amount as she
thinks she shd be in office whenever the boss is in.
he forecasted china will be a good country to work in
the next 10-20 years, he sees a lot of potentials in
this country. india, NAR and ER, he discounted all
these countries. 55 years old, with versace jean and
ysl jean shirt, looks more like an ad guy than a
bizpeople. if the flight extended another hour or so,
and we yam-seng more, then he will surely has more to
disclose, maybe, i could write a story of an exec
encounters in mainland.
haha, that will be another story when i bumped into
mr edwards in another flight to shanghai.
ciao again..
Labels: Shanghai