Is Getting Rich Still Glorious? Xi Targets Wealth Inequality

A recent high-level Party meeting in Beijing has called for the more equitable distribution of wealth in Chinese society, possibly portending significant changes to the country’s economic and social systems. According to most...

Philanthropy and Loathing Among China’s Wealthy

The Seattle Times describes the efforts of Yang Lan, one of several “Chinese Oprahs”, to build a US-style culture of philanthropy among China’s rich: China is second only to the U.S. in the number of...

Gates, Buffett Dine with China’s Rich for Charity

The much-discussed dinner for Chinese millionaires hosted by Bill Gates and Warren Buffett happened last night in a chateau on the outskirts of Beijing. From Today Online: Mr Buffett and Mr Gates, who have already persuaded 40...

China’s Wealthy Ponder Whether to Help Others

The Washington Post reports that a few of China’s billionaires got cold feet and backed out of a dinner with Warren Buffett and Bill Gates, during which the two planned to encourage philanthropic giving among the rich: As...

Chinese Philanthropist Donates It All

The Globe and Mail profiles Chinese billionaire Yu Pengnian who donated the bulk of his wealth to a foundation for philanthropic purposes: In a stunned China, the question came quickly: Wouldn’t his children be angry that he had...

Group Aims to Add Transparency to China’s Charities

The China Foundation Center was launched last week. According to the Wall Street Journal’s Real Time China blog, it “aims to help increase the transparency of Chinese charitable groups”: Some of China’s most...

Chinese Philanthropy Gets Official

Chris Carothers and Kersten Zhang write on the new Beijing Normal University One Foundation Philanthropy Research Institute, the first of its kind in China. From the Wall Street Journal’s China Real Time Blog: For the past...



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