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China's Iron Lady, or, shall we say, Woman of Steel, is one of China's handful of female executives, and not only that, she is a dominant force in an industry ruled by men. Xie Qihua's influence is increasing in lockstep with China's insatiable need for iron and steel, as China's appetite for skyscrapers, ships and cars expands along with its economy. After graduating from college in 1966, Xie Qihua , 62, started working as a technician at a steel plant in northwest China's Shaanxi province. In 1978 she joined Baosteel as an engineer; she was named president in 1994 and chairman in 2003. As chair, she oversees 100,000 workers, who roll out 21 million tons of steel each year at the world's sixth-largest steel company (in terms of capacity). Profits are on the order of $22 billion. Next in Xie Qihua's sights: making her company one of the top three steel producers in the world. People's Daily, October 13, 2004
Xie Qihua, board chairwoman and president of Shanghai Baosteel Group Corporation, was listed the second by Fortune in its latest list of the 50 most powerful businesswomen in the world outside the United States.
As a tradition, Fortune will list 50 most influential businesswomen outside the US annually. This time, Xie's rank leaps from the 16th to the 2nd.
"Xie led Shanghai Baosteel Group Corporation in setting the record earnings and revenue and pioneered successfully a path in the trades traditionally dominated by the male," said Fortune.
(Source: forbes.com / People's Daily, Photo Source: Baidu)
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