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Wen Jiabao Vows To Eradicate Chinese Poverty By 2020
Chinese authorities have released a series of announcements indicating that they might be beginning to correct their share of the so-called "global imbalances" by channeling domestic spending and revving up imports. While Premier Wen Jiabao announced on Saturday that his administration would look to "actively boost consumer demand," the government-approved China Council for the Promotion of International Trade (CCPIT) announced a record number of Chinese trade delegations would make the...
- Region
- Asia Pacific
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Behind the Seams: The Disadvantaged Women Creating Hong Kong Fashion
The founders of Dialog Worldbutik, Malaysian Dong Shing Chiu and New Generation Award winner Cassandra Postema, started their social business after the 2004 tsunami. They sold " Hope Tee " T-shirts for tsunami relief fundraising and expanded into women’s handbags and accessories using recycled materials by 2007. "Eco-friendly and fair trade is our trademark and the stories behind our designs are important. But the design...
- Region
- Asia Pacific
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Former Lehman Banker Leads Social Ventures in China, Battles Dyslexia in Schools
China’s social entrepreneurship scene is not all that well known , but the Hong Kong-based Avantage Ventures is trying to change that by infusing the country with a hefty dose of capital and mentorship. The company is led by founder Yvonne Li, a former investment banker with Lehman Brothers, who has a particular zest ...
- Region
- Asia Pacific
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Investing In China’s Future One Student At A Time
For Calvin Chin , the road to higher education requires just a few hundred dollars at the right moment. Take Winnie, for instance. She was a senior at Guangzhou University when her father had to quit his teaching job because his eyesight started to fail him. He went back to working...
- Region
- Asia Pacific
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Diamond Cab Picks Up Hong Kong’s Fledgling Social Entrepreneurship Scene
Social entrepreneurship is a relatively new phenomenon in Hong Kong--and one venture philanthropy startup, Social Ventures Hong Kong (SVhk) , has been at the forefront of the movement, with several investees under its portfolio focused on the elderly and disabled. The group’s newest project, Diamond Cab , officially launches next week. "Diamond Cab is the first branded, high-quality taxi servic...
- Categories
- Agriculture
- Region
- Asia Pacific
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China’s Top Social Innovators to Watch in 2011
By Calvin Chin I firmly believe that China will be a leader in social innovation. But while there is a tremendous amount of dynamism and energy in this newly emerging sector, ...
- Region
- Asia Pacific
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Can P&G make money in places where people earn $2 a day?
Despite the growing belief that the billions of poor -- what the late management thinker C.K. Prahalad termed the "bottom of the pyramid" -- can actually make up a viable economic market, most attempts to harness it have failed. Procter & Gamble ( PG ), a $79 billion (in sales) company better known for its middle- and upper-middle-class brands than for its low-end offerings, thinks there’s another way to re...
- Region
- Asia Pacific
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Harvard Business Review on Reaching India?s ?Vast Middle?
The meltdown of the microfinance industry in Andhra Pradesh, as we have noted carries big risks not just for an industry designed to serve the poor but for the entire concept that the poor can be profitable customers. That has been an emerging trend in management thinking about emerging markets in the last few years, in part because of the success of microfinance. But since these matte...
- Region
- Asia Pacific
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