Sunday, October 7, 2007

Formula-1

This Sunday we went to the Formula-1 race in Shanghai. Turns out the damn' race course is out of town. It took us almost two hours to get there by shuttle bus.

It really was a fun experience. To be honest I had been afraid that it might be rather boring to sit there an watch cars pass, but actually it was great fun and the time passed very quickly.

On a side note: Since it was a rainy day we spend 25 Yuen on an umbrella sold to us by a tout on the street. This is more than two times the regular price. Needless to say that it took less than 5 minutes for the umbrella to fall completely apart, such bad was the quality... I'm consistently amazed by how much waste is produced in this country just by selling the utmost crappy quality!

2 comments:

Anonymous said...

The umbrella is a clear matter of offer/demand... but maybe you will learn this later on your MBA... ;-)

Shanghai-Matt said...

Actually that's not true. Based on supply the price would have had to drop to less than five Yuan.

I'd say it's a clear matter of a cartel, which, I'm afraid, although the most profitable form of business, seems not to be lectured upon here.