AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Chinese chakkar game online9/16/2023 ![]() ![]() ![]() "So, it's time Indians learn Mandarin, or Chinese, as much as the Chinese are busy polishing their English and taking lessons in Hindi," says an official of the Central Board of Secondary Education (CBSE), which last week asked schools to introduce Chinese as a subject from the next academic session. The pivot of business is gradually shifting from the West to China, and the day is not far when Indians will do business in China just the way they do business in the US and Europe today. Today, China is already the world's second biggest economy after America, beating Japan a few months ago. By then, it was too late.īut that was then. And you may read the fineprint after it is too late, like an Indian drug maker did in the 1990s, when it discovered to its shock, and after having made a huge investment, that the contract drafted in Mandarin empowered its Chinese PSU partner to market the final product. After all, unlike in Germany or France where business deals are scripted in English, in China, Mandarin is the language of all agreements. So I need to take a translator with me, lest I fail to hire a reliable person in Beijing to help me crack the right deals," he says, ruing that Chinese translators are so sparse these days, thanks to the growing business between the two countries, he has to shell out a bomb on mere translation. The nature of his job requires this small businessman from Ludhiana, in Punjab, to travel to Beijing and Shanghai almost four times every year, but each time he makes a trip to these cities, he has to tug a companion along. He buys them cheap in China and sells them to retailers back home for a handsome margin. ![]() Alok Mittal trades in anything 'made in China'-from printer cartridges to locks, children's toys to wrist watches. ![]()
0 Comments
Read More
Leave a Reply. |