Why Learn Chinese? Top 10 Reasons
Like most Westerners, just a few years ago you might not have been thinking very much about China. However, these days China is all over the news. You, like more and more people, may be wondering, “Should I be learning Chinese?” The answer is a resounding "Yes". Or you may wonder “Why learn Chinese?” The following top 10 reasons to learn Chinese explain why learning to speak Chinese is a smart business and career move.
1. Because the world is changing
You've heard it before. Globalization. Outsourcing. Opening of free trade. The US, while still important, must now share the stage with other countries, primarily China. With China's admittance to the WTO, a large trade balance in its favor, and its booming economy, the need to interact with China is apparent.
2. Because everyone else is doing it
OK, so not everyone else is learning Chinese. But did you know that Chinese is the fastest-growing language studied in the US? Enrollment in college Chinese language courses is at an all-time high. Recently a bipartisan bill was introduced in Congress to provide Chinese language classes even for high school students. Other countries are even more advanced in this regard.
3. To stay competitive
In a few short years, these myriads of workers fresh out of college will be hitting the work force with Chinese speaking skills. By learning Chinese now, you set yourself apart as a proactive person. Not only will you position yourself to compete with the new entrants, you can also take advantage of increased opportunities that arise as trade with China grows.
4. Global supply chains
But your company has its factories in the US, you say. But will it always have? What about the subcomponents or raw materials? Even US-based manufacturing firms are discovering that to maintain competitive cost structures, they often must deal with global supply chains and sourcing. Of course, the largest provider of the subcomponents and raw materials is China.
5. Manufacturing
China has 1.3 billion people, a workforce that is good at labor-intensive jobs, and lower costs. Enough said. But these factories often have foreign management, consultants, accountants, etc. And these factories also have to deal with the other end of the global supply chain. By learning to speak Chinese, you can help provide the links between these factories and American companies.
6. Because the Chinese market is the largest consumer market in the world
It's not just about manufacturing and outsourcing any more. Today, Western companies are looking at the Chinese economy as potentially the most profitable market in the world. According to the Department of Commerce, more than 16,000 American companies sell products in China. The China of today is not the China of yesterday. In China, urban teenagers are seen walking with an MP3 player in one hand and a cell phone in the other, just as in America. The Chinese are hungry for consumer goods -- foreign goods to boot. Western companies need professionals with Chinese speaking skills to build links with Chinese companies, form partnerships with Chinese companies, and market, brand, and sell products to the Chinese.
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