Word: caterer
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...Mekong - hardly worth the trip. Now, ships can handle triple that amount - and when other reefs are removed in the coming months, they will be able to transport even more. The knock-on effects of the China trade are big, too. A giant casino opened last year to cater to the Chinese tourists pouring from Mekong ferries into northern Thailand, and Sichuan restaurants crowd the Chiang Saen riverside. At local institutes, Mandarin classes have become as popular as English ones. "If you want to be successful in business here, you need to learn Mandarin," says Sittichai, a school director...
...don’t speak any Chinese, Shanghai is a fairly easy city to navigate. Compulsory education in China now requires that students study English from a fairly young age. For those who hope to enter more professional careers, speaking decent English is almost always required. Moreover, establishments that cater to Westerners in the city hire staff members who can communicate with foreign customers. As an American expatriate pointed out, he hasn’t learned much Chinese since his arrival six months ago; it’s not absolutely necessary...
...result, China's rulers face a dilemma: the very policies that cater to the urban middle class come at the expense of the rural poor. So far the government is erring on the side of the rich. In March the government pledged to address problems plaguing the country's peasants, such as access to medical treatment and schooling, health insurance and the disparity between urban and rural incomes. And yet a relatively small portion of the budget was set aside to address the concerns of the peasantry, with the bulk of spending still concentrated on stoking the booming economy...
...facing up to competition from India and China will fall onto individuals and their families. Those who successfully adapt and meet the challenges will be more likely to have stable or growing paychecks. But lots of people will not have the ability to switch quickly to jobs that cater to local customers. Inevitably, Western Europe and the U.S. will become less competitive in the expanded global labor market, and their paychecks will shrink as work migrates to places where it can be done for lower pay. They will need a safety net to catch them. "Displaced workers deserve retraining," says...
...health-care industry jobs have been created. Perhaps the new jobs will be in nanotechnology, or in green engineering because of China's need to clean up its water and air. Many in the U.S. believe that growing income inequality will create a raft of service jobs to cater to the growing ranks of the rich-high-end hairdressers, personal trainers and closet designers, for instance-none of which are likely to be moved offshore...