A good example of how fast prices in Shanghai increase sometimes: in this shopping mall the parking fee went up by 75% on August 1. It may not be expensive by Western standards (the price for parking is about USD 1 per hour), but considering that this mall is far out in the suburbs of Shanghai it’s certainly not cheap either.
Marc van der Chijs'
Shanghaied Weblog
@martijnpeecho Komende weken geen plannen voor NL. Ik mis daardoor helaas het natuurijs dit jaar. #
Price inflation
Monday, 2 August 2010
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About me
I am a Dutch entrepreneur in Shanghai who has lived and worked over 12 years in China. Co-founder of among others Tudou.com and unitedstyles.com, advisor to Spil Games for which I set up and led the Asian operation (2006-2011), and angel investor in Chinese Internet and tech start-ups. Married to Grace, with whom I have a son (Scott) and a daughter (Elaine). These are my personal views and do not necessarily represent the companies I am involved with. You can reach me at marcvanderchijs (at) gmail (dot) com