From $3,800 to Billions: How Zhang Yin Built China's Recycled Paper Empire
Zhang Yin started her paper-trading business in Hong Kong in 1985 with just $3,800 in initial capital. She identified a profitable opportunity in sourcing waste paper from the United States and shipping it to China for recycling. Building on this, she established America Chung Nam, which grew to become the largest exporter of recyclable paper material. She later founded Nine Dragons Paper, which expanded rapidly alongside China's booming economy. By 2006, 21 years after starting out, Zhang Yin had become the wealthiest person in China.
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