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Posts Tagged ‘Chinese Economy’

A Quick Overview Of The Economy Of China

Tuesday, November 18th, 2008

The thriving economy of China is dictated by the People’s Republic of China. This has been the dominate force driving the economy since 1978. Currently China’ economy ranks it #4 in the world so there is no doubt the regulations of the People’s Republic of China are working well for the people of China. However, the biggest criticized of the Chinese economy is that it appears the rich people keep on getting richer and the poor people never escape from poverty. To help with the growing gap in the different social classes China underwent a political balancing act to help rectify the situation. This process was introduced in the 1990’s. The government worked hard to instill market reform. China really seemed to do well with the changed until the energy crisis that occurred in the late 1990’s.

Skilled workers are needed for the corporations and technology while unskilled laborers are needed for tending to the farms. China is the 3rd worldwide in the amount of production annually in their factories. Agriculture is a huge part of the Chinese economy with more than 300 million people working in that area. The foods grown in China are highly exported. It is estimated that their food exports feed up to 20% of the world’s population. The growth of China has some of the leaders in the country worried though. They are continually increasing the amount of natural resources they consume on an annual basis. The pollution and other environmental problems that come from the high number of factories are a concern. China’s economy is certainly growing, but it has a long ways to go, which means there are lots of opportunities available.

China – Its Global Economy and Favored Chinese Language

Wednesday, September 19th, 2007

China is emerging as one of the strong global economy since the last two decade and is the world’s biggest holder of foreign exchange reserves with the reserves touching 1.2 trillion US dollars few months back (March, 2007). Many countries around the world are interested in business with China and are actively involved in learning Chinese language to understand and enhance the business opportunities.

Napoleon Bonaparte has once said that “China is the sleeping giant. Let her lie and sleep for when she awakens she will tremble the world.” Nearly two century after the visionary statement of the legend, China’s dormant economy emerged so drastically that economic power that country holds now directly affects and facilitates the pace of global market.

People around the world and countries are now deliberately moving forward to exchange business relation with world’s fastest growing nation, a nation which is experiencing huge transition from a central-planned economy to a global-oriented market and has become a dominant player in the international economy and financial system. Hence for better business understanding, business opportunity and cultural exchange, learning Chinese language has become an all time high with approximately thirty million people are studying Chinese in universities, colleges or private courses.

Chinese is considered to be one of the world’s most popular languages and is a simple structured and tonal language where a single word can have different meaning depending upon the way it is pronounced. There are number of dialects in Chinese spoken in different province but the popularity is gaining by Mandarin language and this has also been recognized as the official language of China.

To follow the suit, the United States is investing huge sums in establishing Chinese learning schools and passing bills to encourage the Chinese language programming in schools across the U.S. and cultural exchanges to improve the ties between the two countries.

Despite learning Chinese language in home countries, people often prefer to travel to China and spend time there to get acclimatized with their tradition, culture and to gather experiences of being like a Chinese. With huge demands of Chinese language, major cities in China are overcrowded with Mandarin learning schools and many of which provides superb accommodation facilities, native Chinese speaking teachers and well qualified individuals to teach Chinese as foreign language.


Furthermore, students can choose Chinese language with a hope of getting easy employment in areas like banking, trade, financial, diplomatic work, academics, news media, content management, tours and travel and many more. Each of these fields is very challenging and gives one an enough exposure to Chinese society, culture and tradition.

Hence, if you are feeling the urgency of learning Chinese language and align yourself in the fast track of business by learning Chinese language, this is the right time to start. If you cannot afford to go to Chine to learn typical Chinese language, there are plenty of online resources such as free online Chinese learning course, audio guidelines and other scripts which can make you perfect in Chinese language and help you actively participate in various business processes.