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Microblog insights

Updated: 2012-04-10 08:00

(China Daily)

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Microblog insights

Topic 1: The price of graves in Beijing has been rising continuously in recent years, and in the past 10 years, has jumped 15 times. Currently, there are no graves costing less than 20,000 yuan ($3,171) in the city. Beijing residents are flocking to neighboring regions, such as Hebei province and Tianjin, to purchase graves. On the opposite sides of the boundary river between Beijing and Hebei province, the prices of similar graves vary widely.

SHUIXIZHANLAN: It's true that I cannot afford to die. I'm unable to afford an apartment in life and cannot afford a grave after death.

V-T_JIN: For those who cannot afford a grave, please live your life and cherish it.

SHANGGUANLINGXUE: When I die, please just throw my ashes into the sea.

NAILAOSHI: I feel no pressure at all, speaking about the issue of graves, because my hometown is in a rural area, and I don't have to pay a huge amount of money to buy a grave in the city.

Microblog insights

Topic 2: Chinese enterprises are accelerating the pace at which they acquire well-known foreign luxury brands, a move that targets the burgeoning domestic market. A recent case is the acquisition of the Italian yacht manufacturer Ferretti Group by China's State-owned Shandong Heavy Industry Group Co. Along with the purchase comes the challenge of how a State-owned enterprise, which has no real expertise in the luxury industry, can maintain the allure of the luxury brand it has bought.

XINYUXUAN: In recent years, Chinese companies have made a number of acquisitions in the overseas markets, but very few have ended well. Many Chinese businessmen don't understand European corporate culture and have no idea how hard it is to deal with the labor unions.

JINWOWEIBOZHILI: This is a choice with vision.

LINGHOUSE: The question is whether the brand can continue to develop and innovate.

All the information is from Sina Weibo.

(China Daily 04/10/2012 page14)