Friday, December 31, 2010
The Rich Grand-mom in China
On 14 February 2010, it is the Chinese (lunar) New Year. Many countries in the Asian region including South Korea celebrated the lunar new year. In Nanjing, according to the Japanese media, Jiangsu Province, a 70-year-old grand-mom walked into the store to purchase one kilo-gram of the pure gold (24K) coin for her grand-son as a new year gift (Yayaoqian), which is commonly given away during the new year. One kilo-gram is worth more than $40,000. Even in Japan, there is no so many grand-moms can buy one kilo-gram coin for their grand-sons. The Chinese are really getting rich!