Guernsey’s increasing financial services expertise and influence in the Far East has led The Guernsey College of Further Education to establish two courses aimed at those who would like to learn more about the Chinese business culture and in particular the Mandarin language.

The courses are aimed towards professionals working locally in the financial services sectors or those who have a general interest in doing business in the Far East. The courses run for 15 weeks starting Friday 27th February. Study periods can be taken 9.00am – 10.30 am or 3.30pm – 5.00pm once a week. The courses are £200. Alternatively, in house lessons in Mandarin and Chinese culture can be arranged by The College.

‘The local business community are now regularly interacting with industries in the Far East and The College has identified a provision for courses in this respect. They are designed to provide professionals with a holistic learning experience focussing on the Chinese business culture and in particular the Mandarin language,’ explained The College’s Assistant Principal, Jane Le Poidevin.

Guernsey has benefited enormously from rising levels of wealth in emerging markets, and Asia in particular has become one of the world’s largest wealth management markets.

China especially has become an important territory for Guernsey, and the Government, in tandem with the island’s finance industry promotional agency Guernsey Finance, has worked hard to cultivate good relations with the Chinese authorities. Guernsey Finance established a representative office in Shanghai in 2007 and since then a number of senior-level visits have been hosted by both territories.

‘One of the areas where the Chinese authorities recognised the potential mutual benefit of working together is financial services,’ said Dominic Wheatley, Chief Executive of Guernsey Finance.

‘The four pillars of Guernsey’s finance industry – banking, wealth management, investment funds and insurance – each provide a new and distinct offering for the Chinese market. There is growing interest in what we can offer but local companies will need to ensure they have the necessary skills for doing business in the region if they are to succeed.
‘The College’s initiative in providing courses designed specifically about the Chinese business culture and language is great news for the local business community. I have already enrolled for this course and I would encourage others to join me in taking full advantage of this fantastic opportunity.’