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Expatriate Health Insurance News: Mandarin language skills needed for banking jobs in Asia

Expatriates moving to Asia to work as bankers will need to improve their Mandarin language skills, according to a new study.

Research carried out by Astbury Marsden found that there is now a huge demand for Mandarin speaking bankers in places such as Hong Kong and Singapore.

Since banks have decreased the number of staff they employ due to the global economic downturn, they are in a position where they can demand certain skills sets.

Mark O’Reilly, managing director of Astbury Marsden Asia Pacific, said: "For British expat bankers, having the technical skills and experience is no longer enough.

"If your role in a bank or investment house is to deal with a mainland Chinese client, you are now expected to be fluent in Mandarin."

The trend for jobs in Hong Kong where English speakers only have to communicate with each other is waning under the weight of huge growth in Chinese banks.

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