Economics Universe Past Articles
Food Stand Business in Shanghai, China
March 2, 2014
I travel to Shanghai about five times a year while I used to live there for more than three years from 2010 to 2013. One of my problems living in Shanghai is food. Chinese dishes are mostly fried and oily, which I tend to avoid. Plus, it is hard for me to get into a Chinese restaurant alone. However, one Chinese food I like is the food stand meals though still oily. In my neighbor, food stands start to show up when the clock hits 9:00pm. There are numerous selections of food from BBQs (many vegies) to fried rice and noodles (similar to Panda Express’). They are very tasty thinks to lots of oil, pepper, and salt on but again may not be healthy. Since I have always been walking by these food stands, I started to know them well. <Continue to read - click here>
Starbucks in Japan After the Sales Tax Hike
April 1, 2014
The price of Tall Coffee yesterday was 340Yen, of which 16Yen was the 5 percent sales tax. Thus, 324Yen was the price of Tall Coffee before tax. Today, the price of Tall Coffee costs me 345Yen, of which 25Yen is the new sales tax. That said, 5Yen increased from yesterday. This 5Yen difference is about a rise of 1.5 percentage points, which is less than the 3 percent sales tax increase. <Continue to read - click here>
