Chinese Business Dictionary (English-Chinese)

Business language around the world in the twenty-first century is in a state of rapid change. This creates the need for new business dictionaries that are not tied to the past but rather reflect the new global economy. This is particularly true in regard to an English-Chinese business dictionary, which brings together two economic systems that are far from identical. Until a few years ago, the Chinese economy was a closed socialist economy that sought to replace the Western system of free trade and capitalism. Hence, Chinese business terminology was significantly different from the business terminologies of the West. In recent years, China has transformed its economy to match those of the West, and a linguistic process was set in motion to coin new business terms in Chinese.