Paying Tribute: What Chinese New Year's Gift-Giving Tells Us About China

Posted on 01.01.70

Since everybody is in the gift chain , when the recipient does not actually need or want the gift that has been given, he will need sufficient time to recycle it by passing it on to others. There is the less common exchanging of gifts, but most people give presents to someone to signal the future benefits they expect to be returned from the recipients. What is perhaps most particular about Chinese gift-giving is that it’s often a one-way street. In both urban and rural settings, a gift is a means of developing one’s power and profiting in return. It’s inappropriate to give New Year's gifts too early, which can make the recipient feel uncomfortable and obliged. Every corner of Beijing is full of people who need “to pay and be paid tribute to” for the Chinese New Year. Gifts have always been the most effective lubricant in human interaction. The hunger to consolidate power and wealth among the elite and the nouveaux riche has vastly expanded the high-end gift market. It requires money, time and most of all: knowledge in the ways of power and influence.

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Posted in Premium Watches: OMEGA Seamaster Aqua Terra XXL Small Seconds

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Past time

Posted on Jan 01, 1970 in Campden FB

Part of a watch's value comes from the materials it is made of, but not as much as novices might think, and gold watches are not necessarily more valuable than steel ones. Typically, when watches were bought in the 1920s to 1940s, a special timepiece

Watches that tell more than time

Posted on Jan 01, 1970 in BusinessWorld Online Edition

Watches that tell more than timeHis collection, which numbers about two dozen, is composed of classic and vintage timepieces as well as a few pocket watches. Interesting but not very user-friendly finds include a medium sized gold Vacheron pocket watch and a rare minute repeater

A piligrim's progress

Posted on Jan 01, 1970 in mydigitalfc.com

Till then I had known that all one needed to keep a watch going was a battery change once in a while. That day I consigned the Mickey Mouse quartz to the shoebox in my cupboard that held my worldly possessions. Winding the Omega was a daily chore that

George Daniels

Posted on Jan 01, 1970 in Telegraph.co.uk

George DanielsBefore long, eager buyers were clamouring for Daniels's timepieces, which became much-sought-after collectors' items, fetching prices in excess of £100000. In 2006, to celebrate his work and his 80th birthday, Sotheby's and Bobinet (the antique watch

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