Tsingtao Brewery profits were up 12.2 percent in 2013. The original brewery is at 56 Dengzhou Lu (aka Beer Street) in Qingdao. Check out the Tsingtao museum and get a (small) free sample at the beer hall at the end of the tour. Pitchers of fresh beer are available for purchase. Try the restaurants along Dengzhou Lu for some passion and success.
Though if you really like beer, try some of the microbrews in town, led by Strong Ale on Daxue Lu and in La Villa. John will turn you on to the other small brewers in the area, and Chris please comment and let everyone know where to get some real good beer in Qingdao, ’cause Tsing Pi has got enough cash judging from appearances. Chris is a part of the Qingdao Homebrewing Club.
More on the Beer in QD group.
Get more info from Reuters on the earnings report for Tsingtao Beer below.
(Reuters) – Tsingtao Brewery Co Ltd , China’s second-biggest brewer by volume, saw 2013 net profit rise 12.2 percent, lagging market estimates as an oversupply and stiff competition weighed on the country’s beer sector.
Tsingtao, which is one-fifth owned by Japan’s Asahi Breweries Ltd, said net profit rose to 1.97 billion yuan ($318.32 million) in the year ended December, up from 1.76 billion yuan profit in 2012.
Asia has become the main battleground for the big four global brewers – Anheuser-Busch InBev SA, SABMiller , Heineken and Carlsberg, as they face flagging sales in Europe and the United States. China is also the world’s biggest beer market by volume.
“The beer sector is a highly competitive traditional industry. Competition among big players is expected to intensify as more global names enter the domestic market,” Tsingtao said in a filing on the Shanghai stock exchange.
Tsingtao’s profit was slightly lower than an estimate of 2.1 billion yuan from 10 analysts polled by Thomson Reuters, but marked a bounce from anaemic growth of 1.2 percent last year, which was the slowest since 1999.
China’s beer industry, estimated at 451 billion yuan in 2013 according to Euromonitor, is consolidating, which should support earnings for market leaders such as Tsingtao.
Tsingtao said in its results statement its market share in China rose 1.07 percentage points to 17.2 percent in 2013.
Tsingtao posted a fourth-quarter loss of 191.6 million yuan in the three months ended December, compared with an 80 million yuan profit the same period a year earlier, according to Reuters calculations.
The firm, which competes with SABMiller-backed Snow beer, AB InBev and Beijing Yanjing Brewery Co Ltd, saw 2013 revenues rise 9.7 percent to 28.3 billion yuan against 2012. Denmark’s Carlsberg is also mounting a challenge, upping its stake in local brewer Chongqing Brewery last year.
Tsingtao’s Shanghai-listed shares ended up 0.23 percent on Tuesday, compared to the 0.1 percent fall in the benchmark CSI 300 Index.
Lao Zhu is the nickname of Zhu Jianguo, an actor from Qingdao. Born to an Italian father and Chinese mother, Lao Zhu grew up clamming at the beach near Zhan Qiao pier, later going to work for one of Qingdao’s light industrial companies. Zhu made it through the C Rev, married, had a daughter and a grandkid, all of them “di di dao dao Qingdao Ren”.
Around the time he retired from his workaday job, Lao Zhu was recruited to appear in films requiring foreign looking faces. His heritage became an asset as he was cast in movies, tv series, and commercials. He was part of the group that made the first big budget movie at the Hengdian World Studios in Hengdian, Zhejiang (known as China’s Hollywood), a 1997 production called The Opium War.
Lao Zhu is currently active in the Chinese TV/film industry, and has appeared in scores of historical dramas. The pictures here show him as a naughty priest visiting a bawdy house. Look for his visage on a TV near you – he often appears on CCTV and QTV. Though Lao Zhu has a life apart on the tube, he’s really a down to earth guy, and a real Qingdao Ren through and through.
Here is an email from Henrik with some information about the 10 km race on 19. April 2014. If you start practising now then you will still have time to finish with a good time. More info about the run will follow later on. Please also note the special deal for the food that Thai Me Up is offering on that day.
On the 12th of April we will have a 10 km run sponsored by Thai Me UP in co-operation with the Qingdao Hash.
The start will be at Haikou lu at the Stoneman sculpture.
We will run along the beach until we reach the Polar Ocean World.
From POW we run at Donghhai Lu until we reach the small marina at Yinhai.
From Yinhai Marina we follow the coast.
At Taiwan lu we get back to Donghai Lu and follow the road until we reach Zhuhai Lu where we turn left.
At Aomen Lu we turn right.
At Zengcheng lu we turn left.
At the end of Zengchen Lu we turn left and follow the coast until the finish line at Haiyun Garden.
I will mark the trail with flower dots so you will find your way.
15:00 Meet at Thai me Up for the prizes
15:00-17:30 Option for lunch buffet with 10 diff dishes and free flow of wine/beer/soda at Thai me Up. Price 120 RMB/person (We need minimum 20 persons to sign up to make the buffet).
The buffet will be open from 12:00 so not only runners can enjoy this special offer.
1st Man/Woman gift card 500 RMB
2nd Man/Woman Gift card 200 RMB
3rd Man WomanGift card 100 RMB
4th to 10th voucher for a free drink at Thai Me Up
500 RMB gift card if anyone brake the 37 min mark for the 10 km (should be possible for Ronnie and David)
Please let me know if you want to join the run and also please let me know if you want to join the buffet.
On On !!
Well Hung Jury “Steve” & Team
Hare Raiser/Trail Master – Qingdao Hash House Harriers
Facebook: https://www.facebook.com/QdHHH – Drinking club with a running problem
Global Hash Trash: www.gthhh.com
The President of Sarah Lawrence College, Karen Lawrence will be in Qingdao on March 23, 2014, to deliver a talk on liberal arts education in the United States. Alumni of Sarah Lawrence College include fashion designer Vera Wang, current Mayor of Chicago Rahm Emanuel, and author Alice Walker. Check out more on this talk in Qingdao here.
From the Sarah Lawrence College website:
“In a talk to families of pre-college students and others interested in American higher education, Sarah Lawrence College President Karen Lawrence will deliver a talk titled “A Liberal Arts Education: Preparing the Millennial Generation for the 21st Century” on Sunday, March 23, at 3 p.m. at the Shangri La Hotel in Qingdao, China.
In her talk, President Lawrence poses the question: “How do we prepare our children for the rapidly changing and unpredictable world of the 21st-century?” While she references the various approaches to higher education in the US, Lawrence focuses on the distinctions of a liberal arts undergraduate education for 18-22 year olds. “American education—probably more than education in many countries, including China—is especially diverse and we have many kinds of institutions trying to address this question,” she said. “Unlike many European and Chinese universities, at liberal arts colleges students take a greater variety of subjects across these disciplines [humanities, languages, sciences, social sciences, and the arts] and, although they may concentrate on an area, they are encouraged not to specialize too early.”
Here’s a night shot of DJ Joshua at the Downtown Bar in Creative 100. The club on the mezzanine level of building 3 in the creative industries park on Nanjing Lu is host to many artists from around the world. When you visit, ask for DJ MIKI and give a shout out from us.
MoneyGram announces a hookup with Qingdao Rural Commercial Banks in an effort to gain more market share where top competitor Western Union is prevalent. If the post office or bank lines are putting you off the yellow money senders, try out the red & whites at Qingdao Rural Commercial Banks in Qingdao.
More from Marketwatch.com:
MoneyGram, a leading global money transfer and payment services company, announced today that it has signed an agreement with Qingdao Rural Commercial Bank (Qingdao RCB). Based in Qingdao, one of the largest cities in the Shangdong province of China, the agreement enables convenient money transfer service access for both urban and rural Qingdao residents, and foreign expatriates sending funds back home to family in Qingdao and nearby cities. Money transfer services are now available at all 330 Qingdao RCB locations.
“Our agreement with Qingdao RCB is another step forward for MoneyGram in China,” said Grant Lines, executive vice president, Asia Pacific, South Asia and Middle East, MoneyGram. “Consumers in both rural and urban areas around Qingdao are now able to conveniently and quickly receive and transfer funds from friends and relatives around the world. Given the increasing need for international money transfer services for our consumers in this region, it is an area where we are happy to have an increasing footprint.”
Formed in 2012, Qingdao Rural Commercial Bank was first established in 1951 as rural credit cooperative. The company is the fastest growing financial organization in Shangdong province and is a nationally recognized brand in China.
MoneyGram Locations in Qingdao
Only in Qingdao can one go to the beach in March, in a coat, and dig in the sand. Just ask Ethan Gu’s daughter, whose photos were sent in by her baba. The location is the Old Stone Man Beach, known in Qingdao as “Shi Lao Ren“. Check out these other photos from a foreign student Kine at the Shi Lao Ren Beach during Summer. For more on Qingdao and the number 2 Beach (not what it appears, it’s a nice place, really!), check out this CNNgo feature on China’s “Beach Lined City”, that would be Qingdao.
Viva la primavera Qingdao!
Most of your fellow expats have never heard of it. Your Chinese friends know what it is, but chances are they haven’t tried it. There’s not even a Wikipedia page for it (which may not seem that impressive until you consider that there are over 750,000 articles in the simplified Chinese Wiki). Most importantly, you have never had it. So what exactly is Huang Men Ji? (Photos by Justin Cruller)
Put simply, it’s a bowl of chicken and vegetables braised in fermented yellow bean paste (trust me, it tastes much better than it sounds). Like most Chinese dishes, Huang Men Ji gets its name from the way that it’s cooked and the ingredients used. Here’s a breakdown of the name for the linguistically curious:
黄焖鸡米饭 (huángmènjī mǐfàn)
黄 huáng – Stands for 黄酱 (huángjiàng) aka fermented yellow bean paste
焖 mèn – Braised, the cooking method.
鸡 jī –Chicken, the main component of the dish.
米饭 mǐfàn – Rice, the one and only side to serve with the dish.
Many restaurants recommend that you dump the rice in and mix it around to soak up all the liquid, but it’s equally delicious to just eat it with the grain on the side.
For this article, I’ve translated Huang Men Ji as Braised Chicken Stew, since that sounds native and is also fairly accurate. Huang Men Ji is a bit different from your usual stew though. While most stews focus on the thick broth as much as the ingredients, it’s the braised chicken that makes this dish memorable. Braising is one of the best techniques for rendering your proteins as soft as they can be, and the chicken in Huang Men Ji is as tender and flavorful as any I’ve had in China. Another difference is that the savory broth that is in this dish is nowhere near as thick as a normal stew, and is best consumed in combination with the rice.
Many Huang Men Ji restaurants serve nothing but this one dish, the same way that many dumpling joints sell dumplings and not much else. There are generally four levels of spiciness available, from 不辣 (búlà) aka Not Spicy to 爆辣 (bàolà) – literally, Explosively Spicy. At certain locations, you can get extras like potatoes or mushrooms thrown in the pot for a few yuan.
Huang Men Ji is originally from Jinan, the capital of Shandong Province, and has only become popular over the past several years. Recently, Huang Men Ji restaurants are popping up all over China, but the best that I’ve had in Qingdao is at the little strip above the underground walkway immediately to the west of Carrefour. Huang Men Ji restaurants are generally BYOB, and since nothing goes better with this dish than a cold bottle of Tsingtao, make sure you drop by the 7-11 before you head out.
黄焖鸡米饭 Huang Men Ji Mifan
Address: 香港中路 Hong Kong Middle Rd., Directly west of Carrefour
Hours: Seven days a week, 11 am – 8:30 pm – But be forewarned, they only make a certain amount each day, and if you show up after the lunch rush, you might be out of luck.
Price: Small – 17 元, Large – 23元, Extras – ~3 元 per veggie
The phrase Lao Tsingtao refers to 老青岛 in the Qingdao local dialect meaning “old Qingdao”, i.e. someone who is native to or very familiar with Qingdao, or something that is very historical and representative of the city. Check out the eponymous group on our site here.
Qingdao’s collection of turn of the century architecture remains evidence that this city was once a German concession/colony on the Yellow Sea. The title shot shows both famous churches in Qingdao, the yellow Lutheran Church (look for the clock tower) on Jiangsu Lu and the double spire Catholic Church on Zhejiang Lu just off Zhongshan Lu (original downtown Qingdao) to the left (only one spire is visible).
Check out the honey bees being kept near the tower at Zhan Shan Temple. Zhan Shan is the largest Buddhist temple in the city and retains a semi rural location in the middle of the green belt around Zhongshan Park and Qingdao Botanical Gardens.
Mom and pop shops operate out of family ground floor flats in lieu of a 7-11 or Hao Yi De. This one is near the COSCO Institute (Jiangxi Lu gate) in the Ba Da Hu neighborhood.
Bicycles in Qingdao circa 10 BC (“Before Cars”). This shot is from the mid 90’s, about 10 years before cars became common in Qingdao and bicycles were still the main form of private wheeled transportation.
Photos by ceramic artist Derek Walter, who previously taught English at the Qingdao Textile Institute and Qingdao Mariner’s College in the early 90’s. He’s better known as the Laowai Who Shagged A Minibus on the way to class.
Check out this film shot in Qingdao, called Qingdao Gushi (青岛故事). See if you recognize any of your friends or favourite places in the 6 part miniseries.
Viki.com says “When a young man fights with his girlfriend and breaks up with her, his well-intentioned parents shower him with relationship advice. Can their wisdom help him make the right decision about his own relationship? “QingDao Love Story” is one of a six-part Chinese short film series based on the theme of “Truth or Dare” to commemorate Valentine’s Day 2012.”
Watch Qingdao Love Story on Chinese video site Letv.com.
Check out the above map of the Qingdao Metro Subway Lines from Skyscraper City. Recently there was an announcement on the Qingdao City Gov website that Line 3 (Blue Line above) would be finished by late 2015 based on current construction rate. Earlier estimates had placed completion date at end of 2014. View a close up map of the Qingdao peninsula subway routes here.
“We are going to continue to work hard and try our best to realize the operation of Line 3 in the second half of 2015″, said Wang Yongliang, Deputy Commander-in-Chief of Qingdao Metro Construction Headquarters and general manager of Qingdao Metro Group.
The recently formed Qingdao Airlines has ordered 23 A320 planes from Airbus. The joint venture with Shandong Air and Nanshan Group will begin operations in 2014 with leased A320s and take delivery of their new planes in 2016. The purchase will first have to approved by the CAAC, China’s national air authority under the Ministry of Transport. More details below:
More info on Qingdao Airlines purchase of A320s:
Qingdao Airlines, a newly established airline based in the Eastern Chinese coastal city of Qingdao, Shandong Province, has selected the best-selling Airbus A320 Family aircraft to build up its fleet.
The airline has signed a purchase agreement with Airbus for a total of 23 A320 Family aircraft, including five A320ceo and 18 A320neo. The agreement was signed by He Li, director of the Board of Qingdao Airlines and John Leahy, Airbus Chief Operating Officer Customers at the 15th Aviation Expo China 2013 in Beijing. The deal is subject to approval from China’s central government. The first delivery is expected to begin in 2016. The airline will start operation in 2014 with leased A320 aircraft.
“As a newly established airline, we need to have a thorough research before we make a decision on what aircraft to introduce to start operation and build up our brand new fleet. We pay much attention to the reliability, economics and cabin comfort of the aircraft and also take the potential for our further fleet expansion into consideration. We believe the Airbus A320 Family aircraft are the right choice,” said Xiao Liyuan, President of Qingdao Airlines. .
“We welcome Qingdao Airlines as a new member of the big Airbus family,” said John Leahy, Airbus Chief Operating Officer Customers. “The selection of the Airbus A320 Family by Qingdao Airlines proves again the preference of the market for our efficient single aisle aircraft. With a proven track record of operational reliability and the lowest operational costs in its class, the Airbus A320 will play a key role in Qingdao Airlines’ sustainable development.”
The A320neo is offered as an option for the A320 Family and incorporates new more efficient engines and large “Sharklet” wing tip devices, which together will deliver up to 15 percent in fuel savings. At the end of August 2013, firm orders for the NEO stood at 2,348 from 42 customers, making it the fastest selling commercial airliner ever and underlining its market leadership position.
The A320 Family is the world’s best-selling and most modern single aisle aircraft Family. To date, more than to 9,800 A320 Family aircraft have been ordered and over 5,700 delivered to nearly 390 customers and operators worldwide.
Qingdao Airlines Approved