Zhang Yin
Thanks to Mao, Zhang Yin's a billionaire
The revolutionary leader transformed women's lives, but China still has a long way to go
It was one of China's proverbs that Mao loved to quote; women, he would say, hold up half the sky. But until the communist revolution of 1949 the Chinese had not meant it. The Chinese imperial system, famously, had been one of the most anti-feminist societies on Earth. Women had no rights, existing only to have babies and please men, the richer forced to hobble and disfigure themselves by binding their feet from birth to affirm their essential purpose - decorative daintiness.
Will Hutton
Sunday October 15, 2006
The Observer
Ratan Tata
Ratan Tata Speaks Out
Echoing the sentiments and thoughts expressed by K. Subrahmanyam as I’d written earlier about, it is now the turn of Ratan Tata to speak out about the significance of the Indo-US nuclear deal and what may be the implications if we back out. Again, in an interview with Karan Thapar, Tata says:
Calling the India-US civil nuclear deal “the best possible thing that has happened to India”, noted industrialist Ratan Tata has warned that political uncertainty caused by opposition to the pact could adversely impact the country’s growth.
“I’m very, very sorry that on various issues this is being beleaguered. I really believe that if it doesn’t happen the only people who would be happy and benefit by it not happening will be the people of Pakistan and the people of China.”
Again, echoing what I’d earlier written about how FDI will be impacted:
Tata also felt that the deal not going through would also impact the inflows of foreign direct investment. “I think it could, because I think there would be repercussions and there would be reactions.”
Carlos Slim
The Vanity Fair 100
The 2007 New Establishment
Our annual power ranking.
October 2007
11 Carlos Slim Helú, Teléfonos de México, América Móvil (new entry)
One academic refers to Mexico as "Slimlandia," because Slim's empire of more than 200 companies represents a stunning 7 percent of the nation's G.D.P. and around one-third of the value of its stock exchange. In the past two years his wealth has surged from about $40 billion to $59 billion. Slim (who's portly, actually) dominates Mexico's telephone industry—his companies control 92 percent of the landlines and 73 percent of the cell phones. His many other businesses include cigarettes, department stores, restaurants, and a bank. Critics say that he's too powerful and that his near monopoly increases telephone fees in an impoverished country; others hope that he'll redeem his enormous profits through philanthropy as the Rockefeller of Latin America. He recently pledged to increase the size of his foundations from $4 billion to $10 billion over the next four years.
Subscribe to:
Posts (Atom)
