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Is Mongolia set to become the new Korea (as in EFL market)?

 
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some waygug-in



Joined: 25 Jan 2003

PostPosted: Mon Aug 29, 2011 7:22 am    Post subject: Is Mongolia set to become the new Korea (as in EFL market)? Reply with quote

http://edition.cnn.com/2011/BUSINESS/08/29/mongolia.mining/index.html?&hpt=hp_c2


I saw this headline and this is the first question that came to mind.
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ZIFA



Joined: 23 Feb 2011
Location: Dici che il fiume..Trova la via al mare

PostPosted: Mon Aug 29, 2011 8:43 am    Post subject: Reply with quote

I doubt it because Mongolias population is only 3 million.

lovely country though.
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Kuros



Joined: 27 Apr 2004

PostPosted: Mon Aug 29, 2011 9:09 am    Post subject: Reply with quote

There are other obstacles. Half of that 3 million live the life of nomads on the steppe. Although they will, if they can afford it, send their kids to UB for education (but they have to then pay for room & board, making it more cost prohibitive). UB itself is hardly an int'l city, and Mongolia's exports and imports come predominantly from its two massive neighbors.

Lastly, Mongolia ranks 161st among nations in per capita income. It is a poor country.
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KingMomo



Joined: 25 Aug 2011
Location: Here and there

PostPosted: Mon Aug 29, 2011 11:47 pm    Post subject: Reply with quote

Not the next EFL market.

This from the article:
Many locals they're worried the mine will drain all the water, although mine owners say Oyu Tolgoi has a separate underground source.


WILL definitely drain ALL the water! Guarantee it.

Greed definitely has no boundaries.

Look for the yellow sand storms in Korea to increase their
window by 2-3 weeks on each side of the season. Yuk!
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NohopeSeriously



Joined: 17 Jan 2011
Location: The Christian Right-Wing Educational Republic of Korea

PostPosted: Tue Aug 30, 2011 12:44 am    Post subject: Reply with quote

No. Russian is still the main foreign language of Mongolia. Mandarin is a language of commerce.
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Konglishman



Joined: 14 Sep 2007
Location: Nanjing

PostPosted: Tue Aug 30, 2011 7:54 am    Post subject: Reply with quote

Actually, I think that Vietnam is much more likely to be the next Korea.
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ThingsComeAround



Joined: 07 Nov 2008

PostPosted: Wed Aug 31, 2011 6:43 pm    Post subject: Reply with quote

not China?
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weso1



Joined: 26 Aug 2010

PostPosted: Wed Aug 31, 2011 9:11 pm    Post subject: Reply with quote

There will be a small niche there for a hand full (literally, maybe 20 teachers.)

The only place they could teach would be UB and jobs are going to be limited there. They won't be "English obsessed" like Korea and China are. But for the miners and investment bankers (the only 2 real industries there) there will be a need for business English classes.
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ZIFA



Joined: 23 Feb 2011
Location: Dici che il fiume..Trova la via al mare

PostPosted: Thu Sep 01, 2011 8:24 am    Post subject: Reply with quote

Konglishman wrote:
Actually, I think that Vietnam is much more likely to be the next Korea.


Hopefully!
I would relish the prospect.Smile

How far ahead will that be do you think?
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Louis VI



Joined: 05 Jul 2010
Location: In my Kingdom

PostPosted: Thu Sep 01, 2011 9:30 am    Post subject: Reply with quote

ZIFA wrote:
Konglishman wrote:
Actually, I think that Vietnam is much more likely to be the next Korea.


Hopefully!
I would relish the prospect.Smile

How far ahead will that be do you think?

2007. There have been more $2,000 U.S. positions than you can shake a fist at for years now.
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PeteJB



Joined: 06 Jul 2007

PostPosted: Thu Sep 01, 2011 2:57 pm    Post subject: Reply with quote

I hear there is a lot of xenophobia in Mongolia. Is that the case?
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