What would you say is the most important business language to learn nowadays? We agree with popular opinion: it’s Mandarin.
English has been the global business language for decades. However, the importance of Mandarin is emerging as it is the most widely spoken language in the world. According to Bloomberg Rankings, Mandarin is spoken by over one billion people throughout the People’s Republic of China, Taiwan, Indonesia, Thailand, Malaysia, Brunei, Singapore, Philippines and Mongolia. Mandarin has become a popular choice for a second language and surpassed the previous favorites: Spanish, French and German. To learn why Mandarin is becoming the most important business language after English, we can look at the following reasons:
1. The next superpower
The Chinese economy is still growing at present and the economics of national growth in China will reach 123 trillion dollars in 2040. A recent study from the Carnegie Endowment for International Peace predicts that the Chinese economy will be 20 percent larger than the United States by 2050. Based on these surveys, the Chinese market has become the biggest growing market. And if people would like to do business with China, don’t they need to know Mandarin? Mandarin has grown increasingly important to the overall global economy and many business owners are trying to break into the international market. This is why, more and more, people have started learning Mandarin all around the world.
2. To maintain competitiveness
The number of students learning Mandarin is the fastest growing student base among all foreign languages. If everyone is learning Mandarin, people need to follow the current trends. Otherwise they can’t compete. Speaking Mandarin is a real advantage when job-hunting in the largest-growing global market. It creates many great opportunities to connect with people and business opportunities worldwide.
3. Mandarin as social media
Mandarin is a useful communication tool. In 2012, there were over 350,000 international students studying Mandarin in China. They were able to communicate with Chinese people, make friends from all over the world and create great opportunities for future careers in Mandarin. Besides, the government of China offers full scholarships to international students studying Mandarin. Learning Mandarin maintains relationships with China and develops stronger social networking among people from all over the world.
LingoStar provides over 100 diverse language services in different fields of specialization. We only hire qualified translators who communicate well and have expertise and education in their native languages. Check out our website for more information and contact us today for a free quote. It would be our pleasure to work with you on your next language project!