This section contains 896 words (approx. 3 pages at 400 words per page) |
Summary
Kristof and WuDunn write that Zhang Yin, a Chinese woman, began her career making $6 a month taking care of her siblings became a tycoon in the paper business, founding her own company in Hong Kong. She and her husband focused on the purchase of American scrap paper which was valuable in China. Kristof and WuDunn report that Yin and her husband moved to Los Angeles so they could ship paper back to China cheaply in empty container ships. They then opened a paper manufacturing company, Nine Dragons Paper, back in China. Their American recycling business was called America Chung Nam and became the biggest American exporter to China in volume. By 2006, Yin was worth $4.6 billion.
Kristof and WuDunn report that Chinese women are on the top of many wealthiest people lists. China has allowed an even playing field for women...
(read more from the Chapter 12: The Axis of Equality Summary)
This section contains 896 words (approx. 3 pages at 400 words per page) |