China has quietly become one of the best places in the world for women venture capitalists and entrepreneurs. Among the top US venture firms, women make up about 10 percent of the investing partners and only half of the firms have any women of that rank. China is already more balanced: About 17 percent of investing partners are female and 80 percent have at least one woman.
Giving one example here, Chen Xiaohong, who is 46 and helped fuel the country's technology boom, raised a new $500 million fund, the biggest ever by a woman, according to Preqin, and increased her assets under management to about $1 billion. The largest women-led fund in the US was about half that size, according to Preqin's data.
Their success is bringing more women into China's technology industry. The Chinese government estimates females found 55 percent of new internet companies and more than a quarter of all entrepreneurs are women. According to research by Vivek Wadhwa and Farai Chideya for their book Innovating Women: The Changing Face of Technology, In the US, only 22 percent of startups have one or more women on their founding teams. I am beyond happy to read this news and realizing women's power(in both political aspect as well as economic dimension) is increasing remarkably in the past few decades among the world.
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