This study explores the links between culture and risk tolerance, based on surveys conducted in 23 countries. Altogether, more than 4,000 individuals participated in the surveys. Regarding propensity for taking risk in income and portfolio of investors, Chinese men rank highest. The propensity for regret was highest in Italy, Malaysia, Estonia, and Israel and lowest in China, Vietnam and Thailand. 
Continue reading Survey: Chinese Men Have World's Highest Risk Tolerance
Using data from the Economist Intelligence Unit, the chart below shows the total cost of buying a family car (an average of low- and high-end brands) in selected cities in 2010, then running it for three years.
It turns out Shanghai, Sao Paulo and Delhi are the top 3 expensive cities for owning a car.
It turns out Shanghai, Sao Paulo and Delhi are the top 3 expensive cities for owning a car.
Continue reading Most Expensive City for Owning a Car: Shanghai
Translating Chinese province names into English produces some unexpected humor. One of the pleasures of studying the Chinese language is realizing that a huge number of words actually consist of combinations of smaller words. 
For example, the word for North Korea, chaoxian, literally translates as something like "Morning Calm". Far-western, bone-dry Qinghai Province translates into "Blue Sea".
Continue reading Literally Translated Names of Chinese Provinces
Inventors in Japan developed a tiny car that can automatically take passengers from A to B without them having to do a thing. 
Hitachi revealed a robot car for Personal Intelligent Transport System, it uses GPS to carry passengers in city of Japanese city of Tsukuba.
The Harlem Shake has arrived in China.
The formulaic simplicity of producing a Harlem Shake video has obvious appeal in a country that, by its own admission, struggles with creativity. But the meme also appears to have tapped into China's diaosi (or loser) mentality - a self-effacing rejection of rigid social norms and expectations that has caught on among Chinese youth in recent years.
The formulaic simplicity of producing a Harlem Shake video has obvious appeal in a country that, by its own admission, struggles with creativity. But the meme also appears to have tapped into China's diaosi (or loser) mentality - a self-effacing rejection of rigid social norms and expectations that has caught on among Chinese youth in recent years.
Continue reading Harlem Shake Meme Spreads across the Web in China
Continue reading Pics: Secret North Korean Prison Camps Found by Google Earth
Continue reading Grandpa Turns from Farmer to Fashion Model for Ladies' Wear
Continue reading Rich Mate Poor Mate: Can the Rich Really Understand the Poor?
Continue reading Chinese Are the World's Most Stressed: Regus
"Gangnam Style" is a 2012 K-pop single by Korean musician PSY. It has been highly praised for its humor, catchy rhythm and PSY's unusual dance moves. The song was released on July 15, 2012, when it debuted at number one on the Gaon Chart.
Now Psy has a new reason to boast: He just broke a Guinness World Record - The records-keeping authority announced that Psy's Gangnam Style broke the record for "Most Likes on YouTube". (It should also be noted that Psy's hit is edging close to 100,000 dislikes as well.) The music video has been viewed over 271 million times as of September 25, 2012, putting it just outside of YouTube's list of the 30 most-viewed videos ever. (Mashable )
Now Psy has a new reason to boast: He just broke a Guinness World Record - The records-keeping authority announced that Psy's Gangnam Style broke the record for "Most Likes on YouTube". (It should also be noted that Psy's hit is edging close to 100,000 dislikes as well.) The music video has been viewed over 271 million times as of September 25, 2012, putting it just outside of YouTube's list of the 30 most-viewed videos ever. (Mashable )
Continue reading 'Gangnam Style' Sets a Guinness World Record
