Education About Asia: Online Archives

Asian Factiods

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Debunking the Myths

Myth: Everyone in China speaks the same language.

Truth: Chinese speak many dialects, sometimes making communication difficult. Although the Chinese have shared the same written language for more than 2,000 years, they have often spoken different dialects. Some are as different from each other as Spanish is from French.

Source: East Asian Connection, vol. VIII, no. 3, February 1998. Indiana University, Memorial Hall West 207, Bloomington, IN 47405.

Pillars of Corporate Life

Southeast Asia’s ethnic-Chinese communities wield an economic clout disproportionate to their numbers.

In Malaysia, ethnic Chinese make up 29 percent of the population, but control 69 percent of share capital by market capitalization. In the Philippines, the correlation between the two numbers is 2 percent and 50–60 percent. Other Asian countries compare the population of ethnic Chinese to their control of listed firms by market capitalization as follows: