Pictures: National hoarding in China in 1988
Alia | March 24th, 2011 - 1:56 pmThe recent salt hoarding reminds many in China of the life in late 80s. In 1988, China stopped double-track price system, allowing consumer product prices to be adjusted by market rather than central planning. The immediate result was a much greater than imaged price increase across the board. High prices lead to a national panic and a nation-wide hoarding just about everything.
Crowd outside a gold jewelery store
View from the other side of the gold store
Queue for cooking oil
People in street trading food coupons (粮票, liang piao)
Queue for Chinese cabbage
Woman with an overloaded cart of Chinese cabbages
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Rumor: Peking University graduate with failed start-up initiative killed local Communication Bureau officialRefuted: 100% fabricared
Rumor power: 2/5
Original weibo post: 6389 retweets
On April 2, 2012, a Weibo post emerged about a tragic story where a recent Peking University graduate Mr.Wang went back to his hometown after failing to land a job in Beijing. He then started a children education website. But local Communication Bureau shut down his website, saying that education related websites required permits. Wang then filed 3 applications at the Bureau, which were all rejected. However, he was told that if he was willing to pay a 1000 permit-approval fee, he would get what he wanted. Instead of paying the fee, Wang took a knife and stabbed an official responsible for approving permits at the local Communication Bureau to death. To add more color to the story, Wang’s last words when he turned himself in were. “I have no regret for they took away my right to make a living independently.”
The story was then found to be in existence since 2009 and 100% fabricated. However, it depicts a tragic underdog-standing-against-corrupted government story that many Chinese find easy to relate to.
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Great pictures, I was too young to remember those days. china has come a long way since then.
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This story was submitted to Hao Hao Report – a collection of China’s best stories and blog posts. If you like this story, be sure to go vote for it….