ba ling hou: best identified by their ambivalence
July 26, 2009 7:59 AM Subscribe
Beijing's underground: "Five years ago, none of my students at Tsinghua or Beida had any interest in what we would call countercultural stuff," says Michael Pettis, a finance professor at Beida's -- that is, Peking University's -- Guanghua School of Management who owns D-22 and the Maybe Mars label. Today Mr. Pettis estimates that a quarter of his students have been to rock clubs and maybe 5% to 10% "are really knowledgeable and sophisticated."
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