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Thursday, February 17, 2011

China Surpasses Japan

It's official. China now has the world's second largest economy & Japan moves to the number three spot. It's no surprise. We've been expecting this for a while now, but somehow the official statistics make it more significant.

I'm not sure about the rest of China, but Shanghai is definitely a teeming metropolis. It seems the favorite pastime there is shopping, & there is no shortage of jobs as more & more international companies set up shop in China.

Still, I doubt that we really need to fear China, as the US media would like us to believe. No one is going to be forced to learn Chinese anytime soon. English is still the global language. The Chinese people find it increasingly important to learn English, often doubling or tripling their salary if they speak English fluently. Speaking English has become a status symbol that Chinese people are happy to flaunt.

& the Chinese government doesn't seem to have imperialist intentions either. They don't really want to take over the world - they just want a legitimate place on the world map, as any first world country would.

That all works out great for me. The importance of learning English paired with a booming Chinese economy means more opportunities in the ESL field, & an ever improving standard of living as an ESL professional. Just as I did, more & more people are turning their sights away from the US job market, & their eyes are landing on China.

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