Welcome back and sorry for the rather long hiatus.

Well this morning on my walk I noticed many university students cramming for their exams and if you are one of them – best of luck.

The weather certainly is getting warmer here in China so I hope conditions in your exam venue are cool enough for you to concentrate.

What with the new Transformers film “Revenge of the fallen” opening last week – why not if you get the time – reward yourself by taking a friend to see this explosive blockbuster.

I saw the first one and must confess to having enjoyed the special visual effects and being deafened by the loud noises.

Now onto more serious matters – if you are looking for work having just graduated or have been in the job market for awhile and are trying to plan in the middle of this tough economic climate why not try and be a bit more flexible in your options?

That’s right I’m talking about looking into “emerging economies”.

At present the developed world markets like the US and Europe are suffering and job options here have been limited but if you are interested in other nations that are still working their way up the development ladder why not stretch your imagination and be a bit more adventurous?

The term emerging markets is used to describe a nation in the process of rapid growth and industrialization.

Currently, there are approximately 28 emerging markets in the world and all we have to do here is look next door – to India.

One thing I’m always intrigued by is why more young Chinese are not thinking of India as a possible job opportunity.

Personally I don’t think work should always be about money.

Ideally, as it occupies most of our living days it should also be about passion and interest.

For youth who are bold and able to survive hardship why not start looking towards the trends that are starting to shape the global economy and consider trying to lock in on the emerging economies?

Many Latin and African nations are also setting up study arrangements with China and there are also possibilities to teach Chinese at many places so come on – be upward and forward thinking.

And finally, last column I gave you a short quiz on language associated with the financial crisis so here are the answers –

?#1 The phenomenon when a market starts to expand to a size that it threatens to crash is called a bubble

#2 The phrase that has been used to describe the situation where banks have little money or desire to lend money to customers is called a credit crunch or credit squeeze or credit crisis

#3 In the last few months where many governments around the world have sought to put extra money into their economies and lending institutions to try and prevent a collapse of finance and a collapse of certain companies is referred to a stimulus package or rescue package

#4 For several years US banks in particular were lending money to customers to purchase homes that in many cases they couldn’t really afford. Such loans for housing were called sub prime loans or sub prime mortgages

#5 Recently to determine whether or not many of their banks were stable financially the US Treasury undertook extensive examinations that were referred to as stress tests

#6 The term used to describe the organization or department that monitors and checks whether business is conducted properly beginning with an r is regulation or regulator

#7 When two companies combine to work together on a product or service to form a new entity we call this a joint venture, in other forms often called a merger.

#8 When the market is considered healthy and investors are eager to invest and put their money into companies it is referred to as a bull market

Ok – 8 out of 8 – well done, I knew you were bright.

本文僅代表作者本人觀點，與本網立場無關。歡迎大家討論學術問題，尊重他人，禁止人身攻擊和發布一切違反國家現行法律法規的內容。

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