And already, in its infancy, Google Glass gives you a way to take first-person HD video unobtrusively, use those Google Maps safely while driving and translate words into Chinese instantly.

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Two years ago an employee came to him asking for funding to translate an educational video into Chinese.

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The band is required to translate all of its lyrics into Chinese and submit them to the government for approval.

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He went on to translate biographies of Hollywood luminaries like Ingrid Bergman and Clark Gable into Chinese.

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With price-to-earnings ratios running as high as 50 and 60 for Chinese firms, any exaggeration of earnings can translate into huge share-price gains.

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