China is emerging from a period of stagnation and again taking it’s place as one of the great powers of the world.
China currently has the second largest economy in the world. To take advantage of this huge economic shift and opportunities,learning to speak Chinese is a great way to give your children an advantage in the increasingly competitive business world. Between equal foreign competitors courting a Chinese company, who will the company choose to associate with: a Chinese-speaking foreigner or a foreigner with a translator?
China has become the factory of the world and is moving up the technology food chain.
Look at the balance of trade between the US and China. Per Nobel Prize Winner Robert Mundell: China will become the factory of the world, in my opinion it already has. Now products are built, as well as designed in China.
China is a huge export market for the US.1/5th of the world’s population lives in China.
Overseas Chinese dominate the economies of many countries in Asia, and speaking Mandarin gives you an edge in doing business with them. Countries with large overseas Chinese populations include Indonesia, Philippines, Thailand, Singapore, and Malaysia. China has become one of the largest trading partners with the US. Over 16,000 US companies sell products in China.Trade is not only from China to the US, but also the other way. $41.8 Billion in 2006.
The world is becoming a global economy.
Per a famous book, the world is becoming flat so communication, ideas, and goods are traveling faster and faster between countries including the US and China. Learning Chinese gives you the opportunity to take advantage of this change. It’s a great ice breaker when working with people from China if you can say a few words in Chinese. This helps especially when dealing with business people on the other side of the world via conference call.
Chinese has become very useful in government.
The Austrian Prime Minister,Kevin Ruddis fluent in Mandarin Chinese.. The US Treasury Secretary,Timothy Geitner studied Chinese and attended Beijing University. The former Utah Governor, now Ambassador to China,Jon Huntsman is fluent in Chinese (he learned it as a missionary in Taiwan and has an adopted child from China.
Tags: Chinese Learning