John Dessauer travels the globe in search of the world's best stocks for his Investor's World service. To see what John can do for you click here for a six-month, risk-free subscription to Investor's World.
John's Photos from Asia
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This
is Li An Lodge, where about 20 Investor's World subscribers joined
Marilynn and me in mid-April, 2008. The Li An Lodge was built by our
guide Keren Su, near Ping An Village, LongSheng, Guilin, China. It is
about 4,000 feet above sea level and near the top of a mountain.To get
there, we took a two-hour bus ride from Guilin and then walked up stone
steps to the lodge. For those who can't make the final climb on foot
there are sedan chairs, in which two rather small Chinese men carry
some of our older subscribers up the mountain. |
I took this photo from the window of our room, from which we can see endless acres
of terraces, carved out of the mountain side over 400 years ago. The
clay soil is excellent for building up short walls or dams to hold the
water that is essential for growing rice. At the time I took the
picture, farmers were preparing the terraces for the planting of rice
seedlings. |
The
Great Wall of China, photographed March 30, 2008, at Badaling near
Beijing. We were there with a group of subscribers and had a wonderful
day walking the Wall and talking global economics! |
This
is the primary Olympic stadium for the summer 2008 Olympics in Beijing.
The locals call it "The Bird's Nest." There are several other stadiums
being prepared for the various events, including one for horse showing
in Hong Kong! |
The following four pictures were taken April 6, 2008 in the Shanghai
neighborhood called Zhujiajiao (translation: "The Zhu family
settlement"), during our seminar cruise to China and Japan. Some of the
bridges are remarkably similar to those in Venice Italy. Over 700 years
ago, the Venetian trader Marco Polo visited this part of China, but the
similarity in architecture may be just a co-incidence.
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This
is the Oriental Pearl Tower in the Pudong section of Shanghai. When I
first visited Pudong in the early 1990s many thought the construction
in Pudong would be a failure of overbuilding. Real estate in Shanghai
did decline for a while. Now Pudong is a great success. This picture
was taken in April 2007 during the Forbes China cruise. In the picture
you can see there is still lots of construction going on. |
This
is the Bund, the famous walkway in Shanghai. This time (April 2007),
there were lots of Chinese tourists with digital cameras. That is quite
a change from 2001 when I was last here. |
The
Chinese are clever. This boat sails up and down along the Bund in
Shanghai with this video screen advertising movies, products and all
sorts of things. (April 2007) |
Here is a better view of the floating video billboard along the Bund in Shanghai. (April 2007) |
This
statue looks like Mao, but it is actually Chen Yi, a compatriot of Mao
and the first mayor of Shanghai after the Communist takeover in 1949.
You can see this statue on the Bund, a famous walkway along the Wangpu
river in Shanghai. (April 2007) |
This
is a marble boat in the lake at the Summer Palace in Beijing. The boat
doesn't move but is highly regarded as a work of art. The Summer Palace
is a beautiful area created for China's nobility to enjoy in the summer
when Beijing gets hot and humid. Now it is open to everyone. This time,
April 2007, I was surprised at the large number of Chinese tourists
visiting the Summer Palace. When I was here the last time in 2001 there
were very few Chinese tourists. Obviously more and more Chinese are
making enough income to afford a trip to a place like the Summer Palace. |
This
is Beijing China near the Hotel Shangri-La. The canal is very old, but
the trees and sidewalks are newly restored. The apartment building in
the distance is also new and one of many in the area. China is working
to improve living standards, while reducing pollution. |
This
is the same canal in Beijing China, looking the opposite direction. The
boat is for tourists. The canal, which is very old but newly restored,
is for everyone. |
This
is a picture of Miko, a young (14 year old) girl who has trained to be
a Geisha. Miko performed for us during a stop in Osaka Japan on last
April's China cruise. We will also be in Osaka overnight on my next
China cruise in April 2008. |
This
is a picture of Victoria Harbor in Hong Kong, taken in April 2007 from
the deck of the Crystal Symphony near the end of the Forbes China
cruise. |
The following pictures were taken in September 2001, when John and
several Investor's World subscribers were in China during the 9/11
attacks in America. That tour began in South Korea, then went on
to Beijing, Xian and Western China.
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A
scenic sunrise shot of a small camel caravan in the Gobi Desert
near DunHuang, in Western China, along the legendary Silk
Road. |
A
grave in the Gobi Desert. People like to be buried in the
desert because the dry air preserves things for thousands
of years. |
A
mound and sign showing where two fiber optic cables are buried
four feet under, connecting DunHuang, an Oasis Town in the
Gobi Desert, with Beijing. Yes, fiber optic cable reaches
this far, into remote Western China. |
John
Dessauer in the DMZ in Korea standing on the "Freedom Bridge"
with a barbed wire fence behind. This is the place where prisoners
of war were exchanged after the Korean war in the 1950s. The
flags and papers were placed there by members of "divided
families" -- where some live in South Korea and some in North
Korea. Behind the fence, workers are building a new railroad
line through the DMZ, to connect South and North Korea. The
objective is to develop trade between the two Koreas. Initially
South Korea will use the line to ship goods to China and Russia.
This trade will "prime the pump" for North Korea. Odds are
that commerce and economic growth will defuse what has been
a potential war zone for 50 years. -- John Dessauer |
This
kiosk is in the middle of the Forbidden City in Beijing. Notice
the sign in English selling compact flash cards for digital
cameras. They are Fuijitsu cards and cost almost exactly the
same as the San Disk cards I buy in Virginia. They had several
sizes available. I couldn't believe it. Digital photography
is sweeping the globe. |
John
Dessauer standing by the Temple of Heaven, Beijing, China. |
The
Temple of Heaven. The Chinese have no concept of God, but
they do worship the Mandate of Heaven. At the Temple of Heaven
each spring, the Emperor came to pray for a good growing season
and harvest. |
Dragon
in the Forbidden City, Beijing, China. |
Turtle
figure in the Forbidden City, where ordinary Chinese were
forbidden to go. Later on, they couldn't afford to go. Now,
they are free to go and enjoy this beautiful place, and can
afford to travel there. |
Roofs
of the Forbidden City, Beijing, China. |
Here's
how the economy in China works. This receptionist at the Hyatt
in Xian has worked for Hyatt for more than five years, as
an assistant manager. She earns 1,600 Yuan a month (less than
$200). A waitress in the dining room earns 600 Yuan a month
and no tips (less than $100; the exchange rate is 8.25 Yuan
per dollar). The Hyatt has a hotel in Shanghai, where the
salaries are much higher. A waitress there might earn 1,500
yuan a month, but those better paying jobs require greater
skills. Your English must be very good. (The staff in Xian
has limited English.) This creates incentive to study more
English. People everywhere in Xian want to talk with us to
practice their English and English is now taught in Chinese
elementary schools. China is emerging as a powerful economic
force and English is the commercial language of choice. |
One
of the luckiest men alive is Yang Peiyan, a farmer from Xian,
China. In 1974, he was digging a well on his farm when he
found pieces of the terra cotta warriors, including a head.
Little did he know that he had discovered one of the greatest
archeological treasures of the 20th century, the subterranean
army of Emperor Qin Shi Huang, the first Emperor of China.
This is a photo of Yang Peiyan, signing autographed copies
of a picture book about the warriors. He receives quite a
lot of valuable cash doing this, but he didn't collect the
millions that an American landowner would have earned. |
The
white sign with a red mark in the lower right is the spot
where Yang's well was dug. He hit the far corner of the find.
If he had dug a few meters away, the warriors would still
be there, undiscovered. There are three pits open to tourists.
This is pit #1. More than 7,000 full size figures have been
found so far. There are more still under the earth. In addition
there are more than 50 tombs of other Emperors in the region.
The tourist industry in Xian will be a major growth business
for years to come, boosting the local economy. |
Flowers
on the grounds around the area of the terra cotta soldiers.
The grounds are clean, free of annoying vendors and very well
kept. |
When
our group finally made it back to Beijing, the Golden Arches
beckoned. In the middle of this picture (in the red shirt)
is Jack Robinson, a subscriber from Texas who runs a trucking
company; on his left is Marilynn Dessauer, and then Keren
Su. |
What
do Investor's World subscribers do on returning to Beijing
,after two weeks in remote China? They order a Big Mac....or
two. |
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John's Photos from Switzerland
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I've
also included a picture of the spectacular Wetterhorn near
Grindelwald in Switzerland. Wetterhorn is German for "Weather
Peak." I took this photo in October and you can see how beautiful
the weather is during early autumn in the valley. |
Here's
my wife Marilynn paragliding through the Alps. The parachute
is sponsored by the Hotel Belvedere, the four-star hotel where
our seminars are held. |
A
group of Investor's World subscribers pose for a photo
at Bussalp, where we hold our Cheese Fondue party. Although
we have buses to bring subscribers back down to the hotel,
some of us prefer to stroll down in the fresh mountain air.
All that's missing is Julie Andrews! |
This is the famous Clock Tower in Bern, capital of Switzerland.
After seminar classes are through, subscribers travel to Bern
on Friday. This time, the weather was mild and clear, as you
can see. |
The Limmat River in the center of Zurich, the largest city
in Switerland, and that nation's financial nerve center. |
This is the western face of the famous Eiger, as seen from
mile-high Murren, on the side wall of the neighboring valley.
Subscribers visit Murren and the Schilthorn on Thursday during
seminar weeks. |
This is the Schilthorn, where James Bond's "On Her Majesty's
Secret Service" was filmed in 1968. On the left is Investor's
World executive editor Gary Alexander, next to Marilynn Dessauer. |
A typical view from the narrow side streets of beautiful downtown
Zurich, Switzerland. |
A view of both banks of the Limmat River in Zurich. In the
1970s, John worked for Citicorp along the banks of the Limmat.
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