Young Australians are being urged to learn Chinese as a way to foster and support stronger long-term economic and cultural ties with China. A leading Sydney researcher believes that Australia's economy, which is dependent on minerals exports to China, would benefit if young people had a deeper understanding of the Chinese psyche and an ability to address language barriers that currently hamper business.
China is Australia’s biggest trading partner. The economic relationship is underpinned by the resources industry, where annual exports of Australian iron ore are worth more than $34 billion. Lucrative sales of commodities helped to insulate Australia from the worst affects of the global financial crisis but some academics worry that the country is overly reliant on its minerals trade with China. There are concerns that should the Chinese economy stutter or contract, the economic pinch would also be damaging in Australia.
Graeme Smith from the China Research Center at the University of Technology in Sydney believes Australian businesses must increasingly tap into other markets in China, such as the financial services sector.
Smith also says that to expand those opportunities, more young Australians must be encouraged to learn China’s main language, Mandarin.
Read more at VOA
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