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Why Does China Dominate List of Self-Made Female Billionaires?

By Poornima Weerasekara
Chen Lihua with husband Chi Zhongrui. Chi is a Chinese actor best known for his role as the wondering Tang Dynasty monk Xuanzang in the 1986 television series Journey to the West. The couple married in 1990. Photo: Visual China
Chen Lihua with husband Chi Zhongrui. Chi is a Chinese actor best known for his role as the wondering Tang Dynasty monk Xuanzang in the 1986 television series Journey to the West. The couple married in 1990. Photo: Visual China

Beijing’s Jinbao Street, with its ritzy stores selling Lamborghinis and diamond-encrusted Rolexes, feels like a garish version of New York’s Fifth Avenue. And the woman who transformed this block of dilapidated houses into Beijing’s luxury-goods mecca has been the most recognizable face among the rising tide of Chinese female billionaires for nearly a decade.

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