Zhang Yin – a forty nine year old woman – is Chinas richest billionaire and is worth £1.8 BILLION! She is also the worlds richest self-made billionaire, and is even richer than Oprah Winfrey and JK Rowling. Zhang Yin became rich by starting a very successful business called Nine Dragons.
Nine Dragons is Chinas largest recycling company and is supplied by scrap paper from the USA. The reason for importing foreign scrap paper is simply because there is not enough there in China to fill their needs.
The economy benefits from her and her factories because jobs are created. Coke, Nike and Sony are helped by Nine Dragons as their packaging is made by them and we are helped as we buy those products. Also the CAN and the ACN companies benefit as they supply Nine Dragons with their scrap paper and get business from it. Also, it is doing good in the world by cutting down on landfill and reduces the amount of trees we chop down
On the other hand, she is causing negative impacts. She may be doing good by making jobs and being green but that is not the only side to the story. Her factories are polluting the planet as well as the large ships that she is using to import and export her goods.
In conclusion, Zhang Yin is a very clever lady with
the determination to get her to where she is now. She has done well but the recycling that she is doing is ruining the planet more in the process.