"With the explosive growth of China as an economic power the skills for Mandarin Chinese are now in high demand and parents are paying high salaries for Chinese nannies to teach their children...... (more)"
From the video:
Investment guru Jim Rogers says "China's the next great country whether we like it or not. The best skill that I can give her (his daughter) is absolute fluency in Chinese Mandarin..." and
1000 students in Philadelphia's public school system are now taking Mandarin Chinese....
The post "Connecting America and China" on the Enterprise Resilience Management Blog states:
Since au pairs are hired only by the well-to-do, one assumes they understand a bit about resiliency and what it will take for their children to be successful -- and part of being successful is knowing which economies are going to drive globalization. In large numbers, they are betting on China.
The last two years have seen an astonishing increase in the number of American parents wishing to employ Mandarin-speaking nannies, difficult to find here and even harder to obtain from China. Au Pair in America, the 20-year-old agency that sponsored the two young women in Connecticut, had received no requests for Chinese au pairs until 2004, said Ruth Ferry, the program director. Since then, it has had 1,400. The agency said it expected to bring 200 more au pairs to this country before the end of 2007, and other companies in the business are beginning to recruit in China, all taking advantage of relaxed standards for cultural-exchange visas for Chinese.
One single mother who has been schooling her children in Mandarin Chinese for several years is one of those who believes that China will be central to the future of global economics. She says, “I think China will rule the banking world in my children’s lifetime, and I want them to be able to participate in that if they want to.”