SSAB - October 31, 2024

This is Halloween! This is Halloween! Everybody loves orange and green! This is Halloween! In this town, the Pumpkin King! And it’s for kids, right? 10%ers don’t always work, a big SLAM to the market in the final twenty minutes of trading. Not sure why. Opening a business in China, is it worth it? Looking at a company called Global Eastern https://globaleasterninvestment.com/ Chatted with Aaron_consult on WeChat The basics of it is this: -You pay a company setting up fee, about 40,000 RMB -Maintenance fee of about 15,000 RMB per year after the first year -Put in an initial capital investment, minimum 10,000 RMB, which needs to be funded over the next five years. -You can then sponsor yourself for a visa, but it needs to be in the place you plan on doing business -The business can be anything, but some industries are more regulated than others, eg, finance, technology, education. LiaoZhai Zhi Yi reading! A short story called Lian Xiang, all about a guy who has a ghost and a fox visit him for some boom boom. Donate to the show! PayPal link below! https://www.paypal.me/stevensirski?locale.x=en_CA *** Show notes n tracks up on stevensirski.com And on Notion: https://stevensirski.notion.site/SSAB-The-Audio-Blog-of-Steven-Sirski-00acfe344e164bfab191d3cddf6952b2?pvs=4 Newsletter over at stevensirski.substack.com Language vlog on http://www.youtube.com/@stevenslanguagevlog Happy Halloween! 00:00 Introduction and Halloween Vibes 02:07 Market Movements and Stock Strategies 05:40 Exploring Business Opportunities in China 08:17 Setting Up a Company in China: Challenges and Considerations 10:11 Reflections on Expat Life and Future Plans 25:40 New MacBooks and Tech Talk 28:23 Conclusion and Upcoming Content 29.29 Lian Xiang by Pu Songling