Travelling in China this spring I stayed in hostel dormitories for 25 Yuan a night (around 4$). Though you might have to put up with other guests snoring, the hostels are neat, clean, and almost always have a nice atmosphere about them. In addition, the hostel will provide you with clean bed sheets, a towel, free Wi-Fi, a safe locker, a fully stocked bathroom, and in some places a welcome drink. In whichever country you are, that kind of deal can only mean a business philosophy of very tight profit margins…
Being able to do
business with such tight margins is one of the key strengths behind what is
fast becoming China’s
global economic take-over.
[A view of one of China's main economic locomotives; Guangzhou in the Pearl River Delta]