The ongoing coronavirus outbreak has been affecting the way businesses and individuals work. Travel plans are suspended while conferences are being canceled or postponed. Companies have been asking their employees to work from home for longer periods. It’s unclear how the situation will continue to evolve.
A recent survey in China jointly launched by the Beijing Language and Culture University (BLCU) and the Hebei Normal University for Nationalities (HBUN) among Chinese language service providers (LSPs) shows that 90 percent of the Chinese LSPs have by now to some degree resumed their operations.
Interestingly, almost 54 percent of LSPs have fully resumed their operations via remote working. In what has been a difficult few weeks for a lot of countries, this is heartening news – people are getting on with their daily lives. This also confirms that those of us working in the language industry are perhaps more fortunate than others.
COVID-19 has evolved into a global event impacting public health as well as the economy. We can venture into speculation about some likely outcomes.
Knowing how people greet each other in different countries has always been a good ice-breaker in social situations, especially when traveling abroad or attending a multicultural conference or meeting.
The media and gaming industries are as promising as ever. All forecasts point to growth. The size of the global media industry in 2019 is estimated at around USD 522.2 billion.