Rain!

Isn't it always the way; as soon as the weekend arrives, the blue
skies disappear. None-the-less, last weekend Andrea and I got out to
visit several parks and green spaces as well as buying the last few
things for the apartment which is now looking very homely. On friday I
was thinking how almost every day I saw trees being watered, and then
on Monday it rained for perhaps the third time this year, suitably
flooding the streets that are not designed for dealing with rain
water. I suppose those who water the trees finally got a day off!

The big China business news recently has been the failure of the large
Aluminium company (ChinAlco) to buy a substantial part of an
Australian firm, Rio Tinto, who needs to reduce its debt. It would
have been a massive deal with political implications as well as
competition concerns (ChinAlco is one of Rio Tinto's major customers)
but Rio Tinto changed its mind, thinking it can get better value from
elsewhere. 2 months ago when Coke tried to buy a Chinese juice
company, the government blocked it. We can expect more of both
happening in the future -as Chinese companies with cash buy up
companies in debt whilst western companies desperate for growth put
yet more investment in China.

On Monday i got a 'black cab' which means an illegal one, due to a
lack of legal ones at the time... such cabs are fairly rare but useful
and my driver was a talkative fellow who used to be in the army. He
said the current government is somewhat corrupt as he went through a
red light; was upset at the British for destroying the old summer
palace back in 1860 when we were at war with the chinese (and took
hong kong); and was just generally an interesting guy.

After the rain came beautiful blue skies and warm, dry, weather that
has parched the earth. Will the weather last to the weekend? Will I
get to enjoy it, or be stuck in the office? find out next week!