back from China

I came back from China one month ago. I went my hometown and Beijing, visited my parents and many old friends who I did not meet for last 5 to 10 years. It’s a pretty impressive trip. As people already know, China is growing fast. The changes in Chinese countryside really impressed me. I grew up in countryside of the central part of China, all my relatives are still living there. As farmers/peasants, we used to pay a lot government tax and local tax which left us nothing except very basic needs. Now there is no any sort of agriculture tax any more, not only that, government even pay peasants small allowance for their work.  So peasants work on the land, keep whatever they produce from the land, and also collect the allowance from government. Even better, they are all eligible for newly developed health insurance system for countryside which make them seeing doctor more affordable.  Considering China has more than 800 million peasants, I think it’s a big achievement.

China Unicom and China Mobile are all over the country. Every people from age 15 to 55 has a mobile phone. Broadband Internet access still has some room to grow. The blog sites blogger.com and wordpress.com are blocked in China. Web accesses to international sites sometimes get timeout, not sure if it caused by content filter deployed on the Internet gateway or by the traffic overload.

I managed to trade lightly on IB. The connection is good most of the time. Occasionally I would lose the market data feed for a short period of time. Trading from China could work great for me if the network connection is more stable. I can get a job and work in the daytime, and trade US stocks between 9:30pm to 12:00am at night.  My trading profit sounds a lot after converting to local currency which makes me feel much better too.

I felt more relaxed in past several months without posting on this blog. So expect no or much less posts coming soon.