Earning Gold from Dead Tibetan Caterpillars

October 9, 2013

Mary Jenkins writes in the May 2010 National Geographic about Tibetan cowboys and Chinese-made motorcycles in his Tea Horse Road piece unwittingly revealing the truth about Tibetan life under Chinese rule.

The Tibetan cowboys, who once used horses, now use motorcycles to tend their flocks. On the way to 17,756-foot Nubgang Pass, Jenkins passes the black yak-hair tents of Tibetan nomads, and sees big Chinese trucks or Land Cruisers parked outside. He wonders how poor Tibetans can afford such luxuries. Aren’t they supposed to be suffering?

I think, “Maybe they are smuggling drugs into China from India”.  As I read on, I learn I’m wrong.

On his way back from the pass, Jenkins discovers these Tibetan cowboys have found wealth in their high grasslands from parasite infected caterpillars called Yartsa Gompo in Tibet and Chong Cao in China.  These dead caterpillars sell to Chinese medicine shops throughout Asia for as much as 80 dollars a gram—more than the price for a gram of gold.

Why?

The Chinese and Tibetans think these dead caterpillars are a cure-all medicine that also acts as an aphrodisiac boosting sexual performance—just what China needs with its population of almost 1.4 billion.

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Lloyd Lofthouse is the award-winning author of My Splendid Concubine [3rd edition]. When you love a Chinese woman, you marry her family and culture too. This is the love story Sir Robert Hart did not want the world to discover.

His latest novel is the multiple-award winning Running with the Enemy.

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China’s Holistic Historical Timeline

17 Comments | business, capitalism, China, Chinese Culture, cultural differences, environment, Tibet | Tagged: , , , , , , | Permalink
Posted by Lloyd Lofthouse

Looking at Corruption: China vs. the United States

September 24, 2013

During National Library Week a few years ago, I attended the Golden Leaves event at Cal Poly Pomona’s University Library. Afterwards, I joined a conversation about China, and one American citizen who had never been to China mentioned the corruption in China and how flawed their legal system was. He was adamant that China had to change and become more democratic. He also said there were a lot of angry people in China who wanted change—how did he know that?

However, there are two sides to every story, and “While the true extent and cost of white-collar crime (in the United States) are unknown, it is estimated to cost the United States more than $300 billion annually, according to the FBI.”

The Wall Street Journal reported that the Wall Street corruption and greed in America that caused the 2007/08 global financial crises may have led to global losses of at least $15 Trillion.

In addition, a United Nations report says that by the end of 2009, the global increase in jobless persons was 27 million more than in 2007 before the financial crises hit—should we say, “Thank you, America?”

What about China?

The Economist’s View says, “For one thing, the Chinese trust their government more. According to a recent World Values Survey, 96.7 percent of Chinese expressed confidence in their government, compared to only 37.3 percent of Americans.

“Likewise, 83.5 percent of Chinese thought their country is run for all the people, rather than for a few big interest groups, whereas only 36.7 percent of Americans thought the same of their country. With this relatively higher trust, China’s government and enterprises are better able to enact and implement strict policies that promote saving and growth.”

I wonder if all the greed and corruption in China will ever threaten the global economy and cost millions of people jobs.

And what about corruption in India, the democracy next door to China? We seldom if ever hear anyone criticizing India for corruption. However, Transparency International’s Corruption Perceptions Index ranks India as more corrupt than China. In fact, there are 108 countries of 183 listed as more corrupt than China.

Why does the Western media focus so much attention on China when it comes to the topic of corruption while mostly ignoring the 108 countries worse than China? I mean, even Thailand—a staunch US ally—is more corrupt than China, and Mexico is worse than Thailand and India!

Discover China’s Holistic Historical Timeline

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Lloyd Lofthouse is the award-winning author of My Splendid Concubine [3rd edition]. When you love a Chinese woman, you marry her family and culture too. This is the love story Sir Robert Hart did not want the world to discover.

His latest novel is the multiple-award winning Running with the Enemy.

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China’s Holistic Historical Timeline

7 Comments | America, business, capitalism, Communism, crime, democracy, media, politics, propaganda, United States | Tagged: , , , , , , | Permalink
Posted by Lloyd Lofthouse

China’s Gold Rush

August 8, 2013

The Imperial Color was yellow gold and the roofs of the Forbidden City were the same color. During imperial times, anyone wearing the imperial color, who did not belong to China’s ruling family, usually lost their heads.

Now, China is having a gold rush and holds more than a thousand tonnes of Gold as of June 2010, while gold demand from China’s middle class has grown 13 percent annually for the last five years.

As you can see from this Sky News video, Chinese are gobbling up gold as fast as they can regardless of the price.  To them, it is an investment and the Central Bank of China is quietly buying gold to build reserves. China is now the world’s largest producer of gold.

Frank Homes writing for Wall Street Pit, Global Market Insight, says China can’t get enough gold and state-controlled China National Gold Group signed an agreement with Kensington Mine in Alaska to buy more.

In fact, Pacific Money.com says, “China’s society is changing beyond all recognition. At the heart of the most sweeping social and economic transformation the world has seen is the rise of a powerful new largely middle-class population. In 2000, only 4% of China’s urban households were middle class; by 2012, that number skyrocketed to more than 66%.

Discover China’s Heart and Soul

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Lloyd Lofthouse is the award-winning author of My Splendid Concubine [3rd edition]. When you love a Chinese woman, you marry her family and culture too. This is the love story Sir Robert Hart did not want the world to discover.

His latest novel is the multiple-award winning Running with the Enemy.

Subscribe to “iLook China”!
Sign up for an E-mail Subscription at the top of this page, or click on the “Following” tab in the WordPress toolbar at the top of the screen.

About iLook China

China’s Holistic Historical Timeline

7 Comments | capitalism, China, Chinese middle class, economy | Tagged: , , , , , | Permalink
Posted by Lloyd Lofthouse

Printing Books in China

July 9, 2013

I read a post on another Blog that complained about printing books in China for the American market, and this was my response.

If American’s stopped buying products made in China, Americans at home would lose jobs.  Since companies like Wal-Mart have most of its products manufactured in China, Wal-Mart might go out of business or shrink—which might be a good thing.  But many low wage people that work for Wal-Mart in the United States would be unemployed like American autoworkers during the recession.

Most Chinese products are manufactured for American companies.  Most of Apple’s products are manufactured outside the country like iPods in China. Try to buy a car—any car—that’s 100% manufactured in the United States.  Does it matter where the jobs go?  They are still gone. People in India, Pakistan, Indonesia, Nigeria, etc. are manufacturing goods that are sold in the United States. China isn’t the only country that does this.  Yet China seems to get all the blame. Why?

Many products may be built in other countries but an American puts them on the shelf, sells them and gets paid for it. When you buy an e-book, where is it manufactured?

Discover Doing Business in China

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Lloyd Lofthouse is the award-winning author of My Splendid Concubine [3rd edition]. When you love a Chinese woman, you marry her family and culture too. This is the love story Sir Robert Hart did not want the world to discover.

His latest novel, Running with the Enemy, was awarded an honorable mention in general fiction at the 2013 San Francisco Book Festival.

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Leave a Comment » | America, business, capitalism, China, Chinese history, Chinese literature, economy, history, United States | Tagged: , , | Permalink
Posted by Lloyd Lofthouse

China’s Tiger Farms: Part 2/2

May 21, 2013

Tourists may buy live animals for the tigers to kill and eat. Chickens are the best price.

Allowing the tourists to buy live food for the tigers has to do with money – but money is not the key factor.

In artificial breeding, the park feeds the tigers a fixed diet using artificial or processed food. This diet might eventually lead to malnutrition. The most important thing for the tourists is that they are helping feed the cats.

Feeding the tigers live animals is also part of a long-term project with a goal of releasing tigers back into the wild.

There is another park near Changbai Mountain that has about fifteen specially selected tigers.

These tigers still live behind a fence. However sending tigers to the Changbai Mountains allows them to be more experienced with the natural environment.

The Hunchun Nature Reserve was established in 2001 for the protection of wild Siberian tigers and leopards.

Before releasing the tigers into the wild, the big cats must be given the appropriate wild-habitat training. The first step is for the tiger to adapt to the climate changes of the four seasons. Next, the tigers’ hunting ability must be improved.

Since the Changbai Mountains share a border with North Korea, the big cats are allowed to travel between countries. In the past, the border was divided by iron and wire mesh fences, which blocked the tigers. Now the fence is gone.

It is believed that with wild training over time and with the efforts of several generations of scientists, the tigers will finally return to nature.

Return to China’s Tiger Farms: Part 1

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Lloyd Lofthouse is the award-winning author of My Splendid Concubine [3rd edition]. When you love a Chinese woman, you marry her family and culture too. This is the love story Sir Robert Hart did not want the world to discover.

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Posted by Lloyd Lofthouse

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