Nataly Kelly: The Future of China Sits Right on the Tip of Its Tongue
Although the Chinese may not have the trained linguists they need at the moment, I remember an article by a Andres Oppenheimer several years ago where he recounted a visit to China and said how impressed he was that the Chinese make learning English obligatory starting in elementary school and how the families are involved in making sure their children participate and take advantage of these classes because they know how important it will be to them in the future. Make no mistake about it, they are getting ready. They will soon need to implement other obligatory language lessons as China continues its unprecedented buying spree fueled by its reserves and GDP which has been slightly above 9.5 so far this year. In contrast, the US is estimated to have a 2.5 GDP this year. In a recent article, Oppenheimer states that the Chinese have announced they will start this year to invest 22.7 billion in Latin America and the Caribbean. LSPs in the area and in South Florida will hopefully see an associated spike in their business, as long as we have the necessary Chinese<>Spanish, Chinese<>Portuguese language combinations ready to roll.