(First of all... I should mention that I am ironically listening to the song Bicycle by Queen right now with my music player being on random)
When I first got to China (and before I even got here) I debated whether or not I should purchase a nice bike. I could not decide if it would be worth my money to have a bike for only one year even though I might just ride it a handful of times. The traffic here is pretty crazy and I thought buying a bike might be the same as buying cancer. I was able to borrow a bicycle though and after riding it once, I decided that it was liberating enough to be a good investment.
The bike you see above I bought the day after my first paycheck. It cost me almost my entire paycheck. It was 1460 RMB ($230 USD). It is a 21 speed with disc brakes and SRAM gear shifters. I really don't know if it is all that great of a deal (maybe someone who knows anything about bikes can post a comment) but I have liked the bike so far.
This blog post will be a virtual ride in China with me and my bike.