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Nihao is the pinyin representation of two characters, 你, pronounced nǐ, personal pronoun meaning ‘you’ and 好, pronounced hǎo, meaning good. Note both of these characters are 3rd…
The easy answer to that question is: “Because 20% of the world’s population speaks Chinese”.
Mandarin Chinese is called Guoyu or Hanyu. Hanyu is the national language and standard dialect in mainland China. It’s often called Putonghua, Zhongwen or Zhongguohua.