Five Chinese Business Leaders to follow

By guest blogger, Zoee Macdonald

We could learn something from the way business is being done in China. Their unmatched work ethic has resulted in China hosting some of the most influential businessmen and women in the world. The following five business leaders command their respective markets with such prowess, they are a force to be reckoned with. Many have made their way up from humble upbringings to become among the wealthiest, most powerful people in the world.

  1. Wu Yajun

    At an estimated net worth of $5.5 billion, Wu Yajun is the wealthiest woman in China and often regarded as the wealthiest female entrepreneur on the planet. However, she certainly did her share of hard work for a modest income as a prior journalist and factory worker. She founded Longfor Properties and is heralded as a real estate guru. She is entirely self-made.

  2. Robin Li Yanhong

    With the title of youngest self-made billionaire, Robin Li Yanhong is the CEO of Baidu.com, which surpasses Google as the most used search engine in the world. While it surpasses Google only because of China's population, Baidu is steadily making a presence as a competitor in an international sense for Chinese-speaking users. Born in 1968 to two factory workers, Li advanced in academics, graduating from Beijing University and then the State University of New York at Buffalo. Around the same time that the patents for Google were being developed, Li was developing the patents for Baidu that would soon be worth a net of $9.2 billion.

  3. Lou Jiwei

    Lou Jiwei is chairman of the China Investment Corp., China’s $410 billion sovereign wealth fund. Before leading China Investment Corp., he served as Deputy Secretary General of the State Council. He has played a large role in overhauling China's tax system and was considered one of the top 100 most influential people in the world in 2008 by Time magazine.

  4. Li Ka-shing

    Li Ka-Shing is the Chairman of Cheung Kong Holdings and Hutchison Whampoa Limited, a Fortune 500 Company. He is worth an estimated $22 billion as of 2011, making him the eleventh wealthiest man in the world. He is commonly referred to as "Superman" in Hong Kong because of his finesse in the business world, but conducts a notably humble lifestyle without too many material assets.

  5. Xie Qihua

    Chairman and president of Shanghai Baosteel, Xie Qihua is known as the "woman of steel" for not only working with the material, but dominating the market in an industry that is typically held by men. China's increasing demand for steel and iron has led her company to gain profits in the range of $22 billion. Xie Qihua was named by Forbes as one of the Top 100 Most Powerful Women in 2005.

Zoee Macdonald’s passion for journalism and business has led her to pursue a career in writing. At this time, Zoee is working as a part-time writer for BusinessInsurance.org specialising in Business Liability Insurance.