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  • July 18, 2008 10:20 AM EDT by Brian Sullivan

    "Crazy" About Learning English

    In an interivew today ThinkEquity Partners CEO Mike Moe discussed a stock that is taking advantage of the push in China to learn English.    Many Chinese feel they need to learn English to better compete in the global business community.  There is also the Olympic movement.

    Mike's pick is New Oriental Education (EDU).   They own and run English language training facilities in China.   The stock has been volatile and is off its 2007 highs, though up this year.

    One of EDU's competitors is Li Yang.   He runs his "Crazy English" language courses in China and is incredibly successful.    If you want to learn about this craze in China, read the New Yorker article below.  Its fascinating.

    http://www.newyorker.com/reporting/2008/04/28/080428fa_fact_osnos

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Jason Daniel

China is definitely crazy about learning English. It's a huge market. I work for English, baby!, an Oregon-based social network that helps people learn English via American pop culture, and of our 800,000 members, more than a quarter are Chinese. We're actually sending a team to Beijing for the Olympics to meet some of our Chinese members and explore how and why they're learning English. I'd be happy to report back if you'd be interested! Jason Daniel jason@englishbaby.com

July 18, 2008 at 6:04 pm

Toneo

What? they are not wanting to learn Spanish or French, that must be embarassing when they are around Europeans or so Obama would say.....

July 21, 2008 at 2:11 am

John

They are using modern technologies to learn, like computer software from www.valodas.com and other learning resources ...

July 21, 2008 at 4:58 pm

about this blog

  • Brian Sullivan joined FOX Business Network (FBN) in April 2008 as an anchor. He co-anchors the 10am-12pm ET hours of the FOX Business block. Prior to joining FBN, Sullivan served as an anchor for Bloomberg Television where he hosted the programs Morning Call and In Focus.

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