Why China Is An Incubator For Female Billionaires

A variety of circumstances has led to the increasing success of female entrepreneurs, says Linda Xinrong Kausch, a Shenzhen-based writer who is writing about a book about how 12 Western businesswomen achieved success in China. The development of a hospitable social and economic environment has been crucial, she says, which not only allows but also encourages women to get an education and start their own companies. Another factor is the constantly changing market regulations of a developing economy, which afford more flexibility and less red tape than a place like Europe. Plus, she adds, it's a matter of pride for these women to make a tangible contribution to their family and to the nation.