This is the third and final post in my series on Chinese studying abroad and the entrepreneurs serving them. I recently had the pleasure of interviewing Danny Wang, co-founder of WeblishPal, a platform that connects Chinese English language learners with native English speakers. WeblishPal focuses on serving Chinese students who are interested in studying abroad in North America.
Chinese students are studying abroad in droves. In this series, I discuss some forces behind this trend. I will also publish transcripts of interviews I conducted with two entrepreneurs serving this ever-expanding group.
The trend of Chinese students going abroad seems unlikely to slow in the near future. The International Herald Tribune cites Global Times research data showing that “the number of [Chinese] students wanting to study abroad has increased by more than 20 percent each year since 2008”. In addition to ample job opportunities for returning graduates, the reverence for foreign degrees makes the payoff for returnees substantial.
This flood of students means there are plenty of opportunities for entrepreneurs to provide value, and profit while doing so. I recently interviewed two serial entrepreneurs targeting Chinese students studying abroad — this series will include transcripts of those interviews.