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China records second highest percentage of women CEOs

Lankan Ranger

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China records second highest percentage of women CEOs

About 19 per cent of Chinese women in management positions hold the post of chief executive officer (CEO), the second highest percentage recorded among 39 countries and regions, a report from a leading accounting firm has revealed.

The result for China is much higher than the average figure for the world, which is eight percent, according to the Grant Thornton International Business Report 2011, the China Daily reported Tuesday.

According to the report released Monday, the Asia Pacific region, excluding Japan, is home to a much higher percentage of female CEOs than are Europe and the US.

Thailand, where 30 per cent of companies employ female CEOs, is on the top. The number for EU countries is nine percent and for North American countries five percent.

"Chinese women are just as capable of being business leaders as men," said Guan Liming, senior partner of Grant Thornton Jingdu Tianhua. "In some ways, they outperform male leaders in fields such as team work, communication and coping with different tasks simultaneously."

Women now hold 34 percent of the senior management positions in China, a number that has risen from the 31 per cent reported for 2009.

The report shows that across the world women now hold 20 per cent of the senior management positions, down from 24 percent in 2009.

The countries with the lowest percentages are the United Arab Emirates and Japan, where women hold eight percent of senior management positions.

"With China becoming an economic powerhouse, its society offers more opportunities for women's development," said Xu Hua, chairman of Grant Thornton Jingdu Tianhua.

Grant Thornton International is a London-based global organisation of accounting and consulting member firms which provide assurance, tax and specialist advisory services to privately held businesses and public interest entities.

Another study suggests that Chinese women are more ambitious than their counterparts in other countries. According to a research conducted by Newsweek magazine, 75 percent of Chinese career women aim to have positions in senior management, while the figure is 50 per cent for the US.

China records second highest percentage of women CEOs - Hindustan Times
 
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Chinese women are freakishly competitive and smart. I know cause I have been at the receiving end few times :hang2:
 
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Chinese women are freekishly competitive and smart. I know cause I have been at the receiving end few times :hang2:

Agreed. I've been managed by them my whole life. Chinese saying: men conquer the world but women conquer men.

I'm surprised though that Japan has less sexism against women than the US does! 8% vs. 5%, amazing!
 
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All of this attribute to Chairman Mao. Women hold up half the sky.

In fact, if Mao simply did not do the Cultural Revolution, China would be far ahead today. China's economy grew 9% per year in the 1950's, contracted 20% in 1959-1962, then grew 9% again until the cultural revolution. EVEN SO, Shanghai's GDP per capita was equal to that of Taiwan's in 1979, at 1300 USD. However, in 1979-1989, Taiwan's GDP per capita grew 8 times while Shanghai's declined to 1200 USD! Only after 1992 did Shanghai start increasing GDP.

Deng Xiaoping, though his idea was great, suffered from the exact same problem as Mao: bad execution. The difference was, at least Mao was not corrupt and didn't lose wars, Deng is a war loser and corrupt too. For all of Jiang's corruption, at least he wasn't too incompetent. If Mao was just a tiny bit more competent, died 15 years early or less self righteous we would have had Hua Guofeng instead of Deng, economy would've grew 9% per year throughout 60's, no Cultural Revolution and turned Shanghai into the next Singapore.
 
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According to the Anglophone media, anymore who isn't part of the "Western" civilization is a male chauvinist pig. But statistics say otherwise.
 
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