Zhang

The rest of the world is learning English for a buzz, but Goldman took different approaches. It needs its chief to learn Chinese instead.

“Goldman Sachs Group could not promote its co-head of investment banking in Asia to the post of chief executive of its Beijing joint venture because his knowledge of the Chinese language was too weak, three bankers at the firm have said.” from International Herald Tribune (July 13, 2007).

It is a trend of learning Chinese as important as learning English due to the economy booming, tourists surging, and culture exchanging. Chinese or China is such a buzz word in almost anywhere — from the major newspapers to most influential TVs, from economic forums to law seminars, and from leading universities to shadow streets. GS takes advantages of the golden opportunities to launch Chinese business by appointing executives with Chinese expertise.

The lesson for today is to learn the Chinese before or during your tenure at money-generating firms, such as Investment Bank Goldman Sachs. Chinese learning is also an investment for your financial future, the same as learning English.