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Great story, thanks for sharing. I for one pretty much constantly live the life he alludes to at my company bomquote.com. In China, we actually negotiate in inc
by bobjordan 7y ago
Great story, thanks for sharing. I for one pretty much constantly live the life he alludes to at my company bomquote.com. In China, we actually negotiate in increments of ~1/6th of a penny.
- Scoundreller 7y agoWhy not a tenth?
- fheld 7y agoI guess the 1/6 comes from a currency conversion
- ssalazar 7y agoThe yuan-usd exchange rate has floated around 6:1 until recently, with yuan denominated down to 0.01. So possibly that.
- bobjordan 7y agoNailed it. https://en.wikipedia.org/wiki/Jiao_(currency) https://en.wikipedia.org/wiki/Jiao_(currency)
- eecsninja 7y agoDon't you mean fen? https://en.wikipedia.org/wiki/Fen_(currency) https://en.wikipedia.org/wiki/Fen_(currency) 1/6 of a penny is 0.0016 USD, or 0.01 CNY: https://www.google.com/search?q=0.0016+usd+to+cny https://www.google.com/search?q=0.0016+usd+to+cny