The company is a joint venture of US Analogic in Boston and Chinese Scientific in Shenzhen. Shanghai will soon be turned into something like New York. Most investments are in the area of real estate and infra structures. However, the living standards have been increased very much. Many families have wall-mounted air conditioners, probably due the heat wave suffered this Summer.
Prices are probably the most changed.
I tryed very hard to justify the increase. I always thought that prices will automatically go down if people stop buying because it is too high. This is, as we call it, market adjustment. But this does not work there. On Chinese market, the big consumers are the state-owned businesses and the governments.