Tuesday, September 28, 2010

Can you actually make money by teaching english in China?

Can you actually make money by teaching english in China?
Do you have to know chinese in china to teach english. i heard you can make alot of money just using your american accent in china to teach. is this right??
China - 9 Answers
Random Answers, Critics, Comments, Opinions :
1 :
It depends on where you'll be teaching. Most of the time, you make enough to be able to live there, but little in savings. Usually people go abroad and teach for experience. I'm also thinking about it, but not for the teaching experience but for cultural experience. No you don't need to speak any chinese to teach, but knowing survival chinese may be beneficial for you. They'll probable put you into a class that understand english, but needs to improve it.
2 :
its true..because many countries did not courage their people to speak or learn in English..The country likes China which have largest regions and many language..mandarin and many more..I think if you teaching English in high educated region like Beijing..they have many people which are rich peoples and they want their children to have good communication in English..even all people know about the international language is English..therefore there is a good opportunity to them if they know the language..as conclusion, we can make money there if we have a good spot to open the English classes or tuition maybe..
3 :
If you are qualified, you can make enough to live reasonably well, but no one ever got rich by teaching. You need more than just an accent though. Legally, you require a full bachelor's degree and a teaching qualification. There are illegal jobs, but illegal immigrants get paid even less.
4 :
I'm teaching English in Guangzhou, China now. So does my friend. She took The TESL course in the USA. The school she went to found her a job. So She went to China. She got into a 1 year contract with the school and after 3 months she "ESCAPED". It was not easy. And the people she escaped from were not happy. She was working up to 40 hours and more. But her days were 10 hours long. You only get paid for the time you teach. You can get paid for only 20-30 hours teaching and work 40 hours. After a break She then started to teach independently. My first time in China I went for 6 months. 2 weeks in China and My Friend tells me she can't teach a class and would I do it? I have never taught an English class and I never took the TESL course. Long story short... I did the class and before you know it I was teaching other classes and doing private tutoring. Making $21-$35 US Dollars per hour. To teach at a institute or an ENGLISH SCHOOL you will need a certificate. Or a BA. They may assist you at the school. If you take your TESL class in the USA the school will be able to place you. But you should know the pay is very low. Or what I think is low. Could be around 8000 Yuan per month. They will most likely give you a place to stay (2000-2500 YUAN) and a work Visa. Some help with airfare. You can live on this. It should not be a problem. But if you enjoy your freedom you would benefit from independent teaching. People will pay you to sit in Starbucks and just talk with them for an hour. Or to teach at you home. OXFORD ENGLISH http://www.oxfordseminars.com/?gclid=CLX… ENGLISH FIRST http://www.englishfirst.com/index.html What ever you do just know that if you get into a contract you are stuck. You are going to have to follow their schedule. Many do it. I ended up just finding jobs on the side. There are many small owned companies that find teachers for public schools. Granted, I was lucky to have my girlfriend already established and contacts at my disposal. The minimum pay for "UNDER THE TABLE" work is 150 Yuan/hour=$21.00 USA. You will not find that at ENGLISH FIRST, OXFORD or any place your TESL school will place you at. On Average your pay will come to 75-100rmb/H after you figure in all the time you spend at the school preparing and you travel time to school and back. Then there is the Pecking order. A Female will do much better teaching English. White and Blonde just raises it higher. White male is next. This may sound racist. But it's just how it is. It's China. They are not the most PC in the world. So during my first 6 months I worked 18-22 hours a week. Some classes I made $30/hour. 84 hours a month 16,000 Yuan a month. This is the high end. As of March 2010... Now I'm at 13,000//rmb per month. My advice for anyone who wants to teach English in China would be this. If you know a person or have a contact... and you have Confidence you can go to China and Teach English without a TESL. Or get you TESL and find a contact. Someone who can help you get settled in. Get a network of English speaking friends and I guarantee you will have job offers. I'm now on my second tour of teaching in Guangzhou, China. I'm at 19 hours a week. I have several classes at my home and others at Private locations. I also teach part time with a "company" They do also recruit people from the states and other English speaking countries. Again they asked me nothing about BA or TESL. I teach on Wed and Fri mornings for them. 4 classes each day from 8:40am to 11:55am. Each class is only 40 min long. 100/rmb per class. ( that equals 150/h ) On Average I make 200/rmb per hour. I have some classes that pay 250/rmb per hour. I also have a few friends that are getting 300-350/rmb per hour. Guangzhou has many rich people that want to better their English or their children's English. But, yes... getting the TESL and having a BA will ensure that you will be able to get a job under contract options. UPDATE... I was just recruited to do full time at a Private company like EF, OXFORD, and WALL STREET. They needed a teacher. But I told them I have too many other classes on my own. So they have given my 10 classes a week. 1 hour classes teaching adults. Each class pays 150/rmb for each our. I was told by the other 2 full time teachers at this school that what I get paid is more than what they get paid over all for being full time. Yes, they get an apartment paid for them and help with a visa. But they have to be at the school for 40 hours a week. They work from 1pm to 9pm. Since this school is for adults those hours our more conducive to the adult life style. I have written this answer a few times on YAHOO. I have 'Helped" a few people. 2 Australians contacted me some 10 months ago on YAHOO Q and A and are now in Guangzhou teaching 15-20 hours a week making 10,000/rmb and up. No contracts what so ever and they have a ton of free time to enjoy CHINA
5 :
enough to live comfortably IN china, but when u go back to your own country, shrink that money by 7 to 10 times, u will have nothing left. you will get SPIRITUALLY rich though with the experience.
6 :
I was a teacher in China and feel they pay you a very good salary for what you do . They pay you more than they pay the Chinese teachers doing the same teaching that you will be doing. You will be teaching upper level students so you will not need to know Chinese. Most schools hope to have American teachers but often settle for British English teachers. You will enjoy your time in China The Chinese people are wonderful. Be careful the government is not the greatest.
7 :
I paid off my debts while living in China. I make roughly $1000 a month, but my apartment, internet, electricity and school food are all free. So its essentially $1000 cash in pocket a month, which is better than I was doing in America. You won't get rich, but you can build up a little.
8 :
You'll make the most money in South Korea.
9 :
You can definitely make enough money to support yourself and save some money as an English teacher in China. However, compared to salaries in Taiwan or South Korea, China is lagging BUT is catching up quickly. Also, the cost of living in China is still significantly lower than Taiwan or Korea. In regard to you other question, no you do not need to know Chinese in order to teach English. In fact, it is almost better that you don't speak any Chinese as most schools enforce a strict English immersion environment. Good luck!



Tuesday, September 14, 2010

Which do you prefer ? USA with power to issue (print) money, China has to produce to make money ?

Which do you prefer ? USA with power to issue (print) money, China has to produce to make money ?
The US dollar, not China’s yuan, is the de facto world currency. China has to produce in order to earn money. Should China be condemned for not being able to print the world currency, like the US does?
China - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Not sure what you mean, but the monetary system has to be backed by a value that is appreciated by the rest of the world. Chinese yuan is not there yet.
2 :
I like neither, I like my money in pounds sterling.
3 :
China isn't condemned! The yuan is going up in value everyday. The dollar is going down............. So whatever you are implying isn't true.......
4 :
I PREFER CHINA!!!



Tuesday, September 7, 2010

Can China create money out of thin air and lend it to another country to make money?

Can China create money out of thin air and lend it to another country to make money?
Can China do this just like how banks create money out of thin air via debt? Assuming the US pays back the debt, China will be richer. But, if US defaulted, it doesn't matter to China because they just conjured up the money in the first place.
Personal Finance - 3 Answers
Random Answers, Critics, Comments, Opinions :
1 :
As far as I remember they conjure a lot of hard good and get paid with American airy money.. and then they lend it back to America.
2 :
I believe they'd have to have an equal amount of gold to back up the created money, or it isn't money, just paper.
3 :
Banks don't create money of out thin air. They have deposits from people with savings and checking accounts. They loan out this money... China could loan dollars out too. They have a bunch of them from US people buying more chinese goods than chinese buy american goods. good luck! No one can just 'conjure up money'. That isn't the way the systems work.




Wednesday, September 1, 2010

does china make money out of the olympics?

does china make money out of the olympics?
what i mean is all the money that those countries put in to make buildings and such do they make all their money back from tickets and tv coverages and sponsorship or whatever
Olympics - 13 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Tickets, coverage rights, tourism (hotels, restaurants around the area)
2 :
It costs money to get in to each game.
3 :
On hotels and food. YOu bet. But I think there are rules that athlets can't make any money competeing.
4 :
yesss alot there are thousands of tourist going to olympics and they all leave money
5 :
tourism makes at least 10 billion from americans
6 :
lots of money,all the people comin from all over the world to china for the olympics they probly makin millions
7 :
oh yeah you know how much a commerical is during the olimpics ? around a million dollers. they get the money from the tickets, the food and the hotel rooms. every country does.
8 :
The money is made there in much the same way it is made in sports here. The government pays to build the facilities while private enterprise gets to reel in the profits. This has always been the real secret to capitalism: socialize the expenses; privatize the profits.
9 :
They have made tons of money, but don't forget how much TONS of money they have spent in preparation and work. Plus its more of a world status thing then money in my opinion.
10 :
Yes,the host city becomes the center of attention for 2 weeks.They will make a lot of money on tourism.People from all over the world flying in to watch the olympics live.
11 :
Not, not from tickets, etc., and TV rights are sold by the International Olympic Committee, not China. The Chinese government hopes that their tremendous monetary outlay and the world looking in at China, will result in promoting interest in China and bring massive new business to the Chinese economy, as well as greatly increased tourism.
12 :
There are so many ways China makes money. First the obvious: Hotel, restaurants, museums, landmarks, or anything that requires admission to get in either goes straight to China or they tax it and get money that way. Then the less obvious: Selling the rights to broadcast the Olympics to every country that wants to buy in, advertising, new landmarks like the Birds Nest that people will want to go to in the future, and hopefully they can create an image that makes people want to travel there, live there, and or start businesses there. The financial pluses will last for years to come.
13 :
Not only does it cost money ticket wise for viewers, but the television broadcasters need to pay to get exclusive (or not so exclusive) rights to the footage in each country. Also, TOURISM is a major draw card. Immigration numbers sky rocket for over a year surrounding the Olympics, obviously peaking around the Olympics!! Also, product rights, like those little toys, Nini etc... Yep, lots of ways =]