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Swing of financial power in the world: Which Asian language is better to know?

Which East Asian Language is Most Beneficial to Learn in Today's Economic Climate?

  • Total voters
    15
OnSlaught

OnSlaught

Rising Star
BGOL Investor
I was just contemplating this recently. Since a large majority of Manhattan is owned by the Japanese, most of our debt has been bought up by China, and Korea is also starting to make a move on the U.S. and has a successful showing in the car business, which of these East Asian foreign languages do you think is better to become more fluent in?

I took a year and a half of Japanese a while ago in undergrad, but I don't remember a lot.

I was thinking about this because of my current focus in biotech and biochem coupled with my interests in patent law.

In the business world right now, I know the U.S. does a lot of business with all three countries.

If anyone has any experiences with the cultures and different languages, give your reasons for your pick and your experiences.

Go in...
 
chinas population means its the major growth spot for decades to come. s korea and japan are mature economies with much slower growth prospects and markets nowhere near as large over the coming years.
 
Japanese > Chinese > Korean.

The Japanese still do more business in BOTH directions with the US than China.
 
Do you guys think that this current trend with China's growth is going to remain for years to come? If this is the case then we could even bring in Hindi/Urdu because of India's population.

I mean Japan's steady success has been increasing for the past 20 yrs until now.

How long do you think this upswing for China will last?
 
OnSlaught said:
Do you guys think that this current trend with China's growth is going to remain for years to come? If this is the case then we could even bring in Hindi/Urdu because of India's population.

I mean Japan's steady success has been increasing for the past 20 yrs until now.

How long do you think this upswing for China will last?
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It'll grow, then level out like any economy. Furthermore, a real estate bubble is going to happen in China, just like in America, I wanna learn how to short their real estate market. China will surpass America, America will be more like Britain to me.
 
^^^When they hit their first bubble and let the Yuan float instead of artificially depressing it, we'll see how robust their economy is.
 
Heist said:
^^^When they hit their first bubble and let the Yuan float instead of artificially depressing it, we'll see how robust their economy is.
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I wish I could trade the yuan directly, but you have to use a proxy.
 
SaKem said:
I wish I could trade the yuan directly, but you have to use a proxy.
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Huh? You sure? Yuan I'm sure is openly traded on the Forex markets. There's no way China could stop their currency from being traded outside their borders.
 
SaKem said:
I wish I could trade the yuan directly, but you have to use a proxy.
Click to expand...


Heist makes a good point. I may have to do more research, but which of these countries is more heavy in R&D right now?

I figure since this is where my career is heading, I will be a more valuable asset to a company with knowing one of these languages since patents in these countries most likely still need American interaction to have them exclude others here.

I might be thinking too far ahead but I'm a planner...
 
Heist said:
Huh? You sure? Yuan I'm sure is openly traded on the Forex markets. There's no way China could stop their currency from being traded outside their borders.
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Well my broker doesn't have it, my mentors didn't have it. and I've never heard of it or seen it traded by any Forex broker. However, there are ways to do it. Edit: I just went searching I think there is a broker who lets you trade it Oanda or some shit. I'm gonna look into it. Never seen it before. Found this on yahoo answers:

"Best Answer - Chosen by Voters
Oanda allows you to trade a number of what they call "exotic" currencies including the USD/CNY. The last time I checked though the spread was fairly high.

Good luck."
 
Heist, now I found this article saying you can't trade it on the forex market, so I think I'm right. I've never seen it.

"Chinese Yuan Forex Trading Forecast
Yuan likely to remain stable for the coming months

It is true that individuals cannot trade the Chinese yuan (sometimes called the renminbi) on the FX market. However, movements by the yuan do affect the currency market, and impact other currencies. Right now, the Chinese yuan forex trading forecast is likely to be one of stability. Bloomberg reports on the Chinese yuan in forex trading:

“China’s policy of keeping a relatively stable currency will continue for at least a year,” said Lian Ping, chief economist at Shanghai-based Bank of Communications Ltd., part- owned by HSBC Holdings Plc. “Declines in exports won’t be reversed very soon, although the pace of the drop will be slower in coming months.”

The fact of the matter is that the Chinese yuan is not a free-floating currency, and the government has an extraordinary amount of control over it. As a result, it is possible for China to keep the yuan relatively stable. And right now it is likely to remain somewhat weak since the government wants to help exporters maintain an edge in this global economy.
Bookmark and Share"
 
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SaKem said:
Well my broker doesn't have it, my mentors didn't have it. and I've never heard of it or seen it traded by any Forex broker. However, there are ways to do it. Edit: I just went searching I think there is a broker who lets you trade it Oanda or some shit. I'm gonna look into it. Never seen it before. Found this on yahoo answers:

"Best Answer - Chosen by Voters
Oanda allows you to trade a number of what they call "exotic" currencies including the USD/CNY. The last time I checked though the spread was fairly high.

Good luck."
Click to expand...


So you want to be a foreign currency trader? I can see having knowledge of another language (especially Chinese) being beneficial for that...
 
OnSlaught said:
Heist makes a good point. I may have to do more research, but which of these countries is more heavy in R&D right now?

I figure since this is where my career is heading, I will be a more valuable asset to a company with knowing one of these languages since patents in these countries most likely still need American interaction to have them exclude others here.

I might be thinking too far ahead but I'm a planner...
Click to expand...

Shit man, I dunno. I haven't looked into that.
 
OnSlaught said:
So you want to be a foreign currency trader? I can see having knowledge of another language (especially Chinese) being beneficial for that...
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I already do it. You don't need to learn another language. I'm learning a language or two for personal and business reasons. However, I do want to conduct business outside of the country, those are my long term goals.
 
SaKem said:

I already do it. You don't need to learn another language. I'm learning a language or two for personal and business reasons. However, I do want to conduct business outside of the country, those are my long term goals.
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We're both in school, how did you hear about this? Where would I need to start in order to get more knowledge about this?

I want to work in my current field because I enjoy science, but I definitely want multiple streams of income (investments, real estate). I've already started down the track in order to acquire real estate, but I'm kinda wet behind the ears when it comes to investments, stocks and trading.
 
OnSlaught said:
We're both in school, how did you hear about this? Where would I need to start in order to get more knowledge about this?

I want to work in my current field because I enjoy science, but I definitely want multiple streams of income (investments, real estate). I've already started down the track in order to acquire real estate, but I'm kinda wet behind the ears when it comes to investments, stocks and trading.
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I met somebody, who introduced me to someone else who taught me how to do it. What you should do is get with a firm and try to get on trading for them, you have to be good, but if ur good, you'll learn what you need to know. I really think you should just call a firm monday. Schedule your classes so you have time to learn. Prepare to be mind fucked. However, I find it extremely fun. BTW whats ur major? Are you very emotional about money? Be honest. Are you a patient person? Do you handle criticism well? Do you like constant risk? Can you stand being mind fucked? Are you highly analytical?
 
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SaKem said:

I met somebody, who introduced me to someone else who taught me how to do it. What you should do is get with a firm and try to get on trading for them, you have to be good, but if ur good, you'll learn what you need to know. I really think you should just call a firm monday. Schedule your classes so you have time to learn. Prepare to be mind fucked. However, I find it extremely fun. BTW whats ur major? Are you very emotional about money? Be honest. Are you a patient person? Do you handle criticism well? Do you like constant risk? Can you stand being mind fucked? Are you highly analytical?
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Thanks for the advice. I'm gonna try to get some zzz's. I'll bump this thread when I get some time tomorrow. Thanks again...

Yeah I would say I'm highly analytical. I have a B.S. in molecular biology, finishing up grad school right now, and want to go to law school. These are all areas where you need to work with problem solving and have analytical capabilities. What is "mind fucking" about it if you don't mind me asking?
 
OnSlaught said:
Thanks for the advice. I'm gonna try to get some zzz's. I'll bump this thread when I get some time tomorrow. Thanks again...

Yeah I would say I'm highly analytical. I have a B.S. in molecular biology, finishing up grad school right now, and want to go to law school. These are all areas where you need to work with problem solving and have analytical capabilities. What is "mind fucking" about it if you don't mind me asking?
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Nice, nice to see brothers getting their education in here. Mind fucking is hmmmm It's hard to explain. It's all about risking your money, and not knowing the future but having to let time take it's course knowing that although you've done everything correctly, you could still lose everything you just bet and more. Then having to maintain proper "ethics" or "technique" despite your mind racing a million miles a minute about the possibility of a positive or negative outcome of a trade. It's really hard to explain. But basically if you cannot detach the majority of your emotions, you will be insanely mind fucked due to your human emotional responses. That mind fucking and emotion can cause you to lose even if you are technically recognizing the proper opportunities. It's a long crazy story. I've recently overcome the crazy emotional responses. However I still slip sometimes, very rarely though, all it does is fuck you over. The goal is basically to become a fucking robot.
 
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SaKem said:
Heist, now I found this article saying you can't trade it on the forex market, so I think I'm right. I've never seen it.


The fact of the matter is that the Chinese yuan is not a free-floating currency, and the government has an extraordinary amount of control over it.
Click to expand...


Ok - that does make sense. Traders can't (or rather don't) want to bother trading it if there are no arbitrage opportunities. A government constantly interfering with movements would definitely do this.

But at this point who really wants to be a forex trader. All that shit is done with black box systems and these high frequency trading systems that fist fuck a hundred trades a second at any incremental move.
 
SaKem said:
Nice, nice to see brothers getting their education in here. Mind fucking is hmmmm It's hard to explain. It's all about risking your money, and not knowing the future but having to let time take it's course knowing that although you've done everything correctly, you could still lose everything you just bet and more. Then having to maintain proper "ethics" or "technique" despite your mind racing a million miles a minute about the possibility of a positive or negative outcome of a trade. It's really hard to explain. But basically if you cannot detach the majority of your emotions, you will be insanely mind fucked due to your human emotional responses. That mind fucking and emotion can cause you to lose even if you are technically recognizing the proper opportunities. It's a long crazy story. I've recently overcome the crazy emotional responses. However I still slip sometimes, very rarely though, all it does is fuck you over.
Click to expand...

If I could bypass law school I would do it. I'm studying to take the patent bar, but I know the pay grade for a patent agent and a patent attorney are like night and day, even though a patent agent is no slouch. I really just want to get paid enough money and be fiscally responsible so I can purchase income producing property and invest and save money. I figured with the knowledge I will acquire from law school, that allows me to even be able to set up my own business and while also venturing into other areas of law AND securing myself in a niche market.

Thanks for the explanation. I can see how dealing with money, especially that which is not yours, can be highly stressful and also an emotional experience. I'll look into it and do some more research.
 
^^^What's the real reason for you wanting to be an attorney? The last thing you want to do is spend 3 years + >$100,000 doing something you're only doing because you believe it will bring you a higher income.
 
Heist said:
^^^What's the real reason for you wanting to be an attorney? The last thing you want to do is spend 3 years + >$100,000 doing something you're only doing because you believe it will bring you a higher income.
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...not to mention that the U.S. is lousy with attorneys busting their respective asses to make $40K/ year.
 
Heist said:
^^^What's the real reason for you wanting to be an attorney? The last thing you want to do is spend 3 years + >$100,000 doing something you're only doing because you believe it will bring you a higher income.
Click to expand...

I do feel like being an attorney in the IP field puts you at the potential of making serious money, plus the area I'm involved in now I could also become a closing attorney as well. Bottomline, it broadens my opportunities for the fields I'm already involved in. Plus I've always had an interest in law for the simple fact that knowledge of the law (it's codes, statutes, regulations and case law) helps you cut through the bullshit of this society a lot quicker.

Both are niche fields that won't be going away any time soon...ask Jagu.

I was actually thinking about working for an IP firm first and seeing if they would foot the bill for law school, but if not then I'll go on my own dime, live below my means for a year or two, pay back the loans, and then be in the clear.

parisian said:
Jin told yall seven years ago

Learn Chinese

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:lol:

cbm_redux said:
...not to mention that the U.S. is lousy with attorneys busting their respective asses to make $40K/ year.
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See above response to Heist post. I feel you, which is the reason I'm not going to be involved in those respective fields. IP lawyers start out at like $115,000 +...
 
fourth.hung said:
Are you saying one of these Languages will replace the english language in some way shape or form?
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Nah, not at all. Just that it would only help your chances in the business world for employment because of the rise of China and being able to communicate will allow whoever you work for (most likely in the corporate arena) the advantage of having better business relations.
 
I was learning Japanese but that "Rape of Nanking" history lesson was the last straw :smh: ... I don't like China that much either, and Korea is bad too ... I think there is a lot of financial opportunity in India ...

England (and much of Western Europe) manages to be a financial superpower after all these years ... the nature of the global economy would have to change drastically for Asia to remove them ... which is maybe why China is in Africa more and more these days

With that said if you didn't care and just wanted money I'd learn Japanese they would emerge as the controlling arm of Asia imo
 
Cantonese...by far.

Koreans do jack shit
Japan is about the USA as far as everything goes. Things go down here(and it is), and things will pretty much go down there(and it is): Glorified colony.
Mainland China is ok, but hong kong is the place to be for business. Just eastern enough to be experiencing growth like the rest of china, but western enough to where you wont be completely lost.
 
naw

yall have it all wrong

a lot of cats wont have a chance due to their country of origin.

White supremacy is getting put on its head.

In the current state of globalization, from an international perspective, countries will respect your country of origin versus the language that you speak.

The countries that were former colonies respect countries that had similar pasts and are suspicious of countries that were colonizers/imperialists.

This is why Canada fares better than the US.

Both were colonies, but one became the undeniable superpower that became what created it.

Also, in Canada...they have embraced "multiculturalism" (at least in name) while the US embraced the amalgamation of the "melting-pot".

Im taking a consulting class currently, and this international developer came and spoke to us last night.

Learning a new language is the mind set of people who are adjusting to another type of supremacy.

The Chinese dont function like the Europeans.

Their history and interaction with non-chinese people were completely different.

Even though the chinese were superior to the Europeans before 1500....why didnt the Chinese claim what was not theirs like the europeans?

Therein lies the difference between the chinese and europeans....
 
Autobot8655 said:
naw

yall have it all wrong

a lot of cats wont have a chance due to their country of origin.

White supremacy is getting put on its head.

In the current state of globalization, from an international perspective, countries will respect your country of origin versus the language that you speak.

The countries that were former colonies respect countries that had similar pasts and are suspicious of countries that were colonizers/imperialists.

This is why Canada fares better than the US.

Both were colonies, but one became the undeniable superpower that became what created it.

Also, in Canada...they have embraced "multiculturalism" (at least in name) while the US embraced the amalgamation of the "melting-pot".

Im taking a consulting class currently, and this international developer came and spoke to us last night.

Learning a new language is the mind set of people who are adjusting to another type of supremacy.

The Chinese dont function like the Europeans.

Their history and interaction with non-chinese people were completely different.

Even though the chinese were superior to the Europeans before 1500....why didnt the Chinese claim what was not theirs like the europeans?

Therein lies the difference between the chinese and europeans....
Click to expand...


I just first want to say great responses to everyone. :yes:

Now Autobot, I feel you on the Chinese not operating like the Europeans in the sense that you are forced to know their language and customs, but I do believe that a foreigner when encountering someone from a different culture is always better off when he/she is familiar and has a fluent knowledge with said customs and language.

This very principle has allowed me to function better with Indians and Pakistanis because of my knowledge of Hindi/Urdu and their culture. You are just welcomed and received better by people when you make an actual effort to know who they are. I think this aspect is very non-European.

So I feel you when you say that the Chinese will not force the issue of others having to know their language and culture in order to get ahead, but it's a tactical advantage for anyone to know the person's culture and be familiar with it when doing business with them...
 

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