Qingdao

Das ist die eine Seite.

Auf der anderen Seite, ähm, haben die Chinesen relativ schnell gesehen, ähm, welche Innovationen die Deutschen damals nach Qingdao und, und Shandong, das ist die Provinz, gebracht haben.

Eisenbahnen, ähm, zum Teil Kanalisationen, modernere Gebäude und eben das Bier.

Und das hat man durchaus anerkannt.

Exactly.

And over in Qingdao, living right under Japanese occupation, there is this Chinese author.

His name is Wang Dulu.

Yeah, and his environment is just violently transitioning into this terrifying modern era.

Fifth, I discovered that even surprisingly crude land valuation methods can still work.

In the late 1800s, the German colony in Qingdao, China instituted an aggressive tax on the unimproved value of land.

Although Imperial Japan eventually conquered it and ended the LVT experiment, the regime lasted long enough and the LVT was levied at a high enough rate, a whopping six percent, for the expected theoretical effects to be clearly observed.

The case of Qingdao is well known, but a researcher recently discovered new German language primary sources, including meticulous budget records and even full-color land value maps.

These documents reveal that the land valuation methodology was to simply carve the city up into tax districts, which locals judged to be of similar value, and assign the same flat land value rate to all parcels within them.

One of the chief things this style of land assessment gets right is ensuring local uniformity of land valuation for all parcels locals judge to be economically similar.

This gives a potential answer to the question I raised in the last article: How good do land values have to be to be good enough? The Qingdao case, as well as other cases I've encountered, has led me to believe that the most important features of good land valuation are to broadly track market value and stay up to date, comport with local common sense expectations, be locally uniform across similarly situated and zoned land.

Horizontal uniformity.

If I'm going to go buy a craft beer, I'd rather go to the ones that I know are actually craft beer, not just variations or what would you call it? Vanity labels with a different sticker on it.

So I'm not sure if like Qingdao manufactures a bunch of craft beer and sells it wholesale or something or Jing'e does or Daiyuan or like Great Leap or whatever.

The point is that these craft beer places, there was a lot of them.

There was quite a few that popped up, and they were tiny.

about top players on the tour.

We are joined today by European champion, Masters champion and recent medalist at the Qingdao Grand Prix, Marty Paul Malainen.

Thank you very much for joining us today, Marty.

Thank you very much for inviting me today.

But now I'm trying again to reach the same momentum.

And now I have had again a good period of training.

And now this bronze in Jingdao was again, I think... a sign that I'm on the right path again to win something big again and of course I believe in this every day but we know in this sport it's crazy like one week before Qingdao I lose the first fight in Ulaanbaatar actually in the first Hajime like in 30 seconds and one week later I take a bronze medal so it's even sometimes when you're in good shape you can lose the first round and that's it

And how do you pick yourself back up from that? Because it can't be easy to go on and do all this preparation and then after 30 seconds for it to be done.

Launching is, if I'm not mistaken, the first, um, satellite in 2089, the Ice Pathfinder, and in- increased consistently also the research, uh, vessels that are able to navigate the Arctic waters, and we have witnessed this quite clearly in the last summer where when, um, four ships, four Chinese ships were navigating the Arctic Ocean waters, um, and they were, uh, escorted by two, um, icebreakers vessels, the Xue Long and Xue Long 2.

So coming on how China is looking at the, uh, eco-friendly shipbuilding shortly, um, I'm basing here from, um, on a study that has been made by a friend of mine, colleague of mine from the South, from the Ocean University of China, Qingdao, that she makes, like, three relevant points according to, to my opinion, um, that can help China to develop its, uh, eco-friendly, uh, shipbuilding policy.

Uh, enhance the compliance through also domestic legislation, so China should improve at least and perhaps firstly domestic legislation that looks closer to IMO ef- energy efficiency standards in the Arctic.

Second, promote, um, network and exchanges of information with Arctic ports in order to have, uh, more information and create some, uh, cooperation also that will help in developing, um, well, shipping routes.