Browsing All Posts filed under »Value«

Saving face or saving money?

August 20, 2012

0

Understanding what something’s worth is never as straightforward as it might be.  Yes, there’s supply and demand, but there’s at least three extra dimensions in Beijing.  Distance, Haggling and Face. Distance is a factor everywhere, of course, as convenience always comes at a premium – but when nipping to the shop at the next corner […]