September 30th, 2011
07:04 AM GMT
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(CNN) – In the world of wealthy women, China is leading the way.

Of 28 self-made female billionaires around the world, 18 came from China, according to a recent report compiled by Hurun Report ranking China’s wealthy.

Hurun reported that of the top 10 self-made female billionaires in the world, seven are Chinese. U.S. media mogul Oprah Winfrey barely made the top ten, with her $2.7 billion fortune putting her as the 8th richest self-made woman in the world. Rosalia Mera of Spain’s fashion powerhouse Zara came in third, with a net worth of $4.5 billion. Benetton clothing’s Guiliana Benetton’s $2.5 billion fortune put her at number 10, according to Hurun.
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Filed under: ChinaGlobal Exchange


September 30th, 2011
05:28 AM GMT
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Hong Kong (CNN) – A senior government official says China’s total number of Internet users is now more than 500 million people, state media reported.

That’s more than 60% higher than the entire population of the U.S., where much of the Internet infrastructure was first developed and home to the giants of the industry such as Google, Facebook and  Youtube –  sites whose services are largely blocked in the world’s largest Internet market.

Wang Chen, chief of the State Council Information Office (SCIO), said in his keynote speech at the UK-China Internet Roundtable that the world’s most populous nation now has nearly 40% of its 1.3 billion population online. SCIO is a ministry-level government agency which oversees media and Internet issues in China. FULL POST

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Filed under: ChinaTechnology


September 30th, 2011
03:25 AM GMT
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Social entrepreneurship has taken off in Cambodia where those looking to bring social change to the country are increasingly finding such rewards in the path to profits.

A boutique in Phnom Penh trains HIV-positive women to hand-craft fashion, while an organic rice farm has improved the yield and livelihood of the farmer. Both ventures illustrate that the key to a better Cambodia comes from embracing a more enlightened market-based model.

Filed under: BusinessOutlook Cambodia


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