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Women become mainstream leaders of China’s venture capital industry as the U.S. lags behind

1 month ago
Amedeo Tumolillo
ore than a quarter of all entrepreneurs in China are women, and 55 percent of new Internet companies are started up by them, according to the Chinese government. They also claim a higher percentage of top-ranking positions within venture capital firms than women in the United States, where the VC industry was described as a "private men's club" by an American founder. Among the Chinese ranks is Chen Xiaohong, a former librarian, whose $500 million venture capital fund is the largest ever raised by a woman.
By Amedeo Tumolillo
Amedeo Tumolillo is the editor-in-chief of SupChina and award-winning multimedia journalist. He previously worked at The New York Times and Spectrum. Follow him on Twitter at @hellotumo.