For China's Wealthy, Charitable Giving Hurts
Investment magnate Warren Buffett and the world's richest man Bill Gates promised to donate most of their wealth to charitable causes. They also want the rest of the planet's gilded class to follow, including China's nouveau riche.
The two men pitched their case at invitation-only dinners across the United States over the past year, urging Americans with deep pockets to give away assets. Their so-called Giving Pledge so far has won dozens of American individuals and families.
- Scientists Issue Warning over Development of Coastal Wetlands
- Clearing the Air with a Sino-U.S. Climate Pact
- Rate Cuts Will Give Short-Term Boost to Property Sales, Analysts Say
- Heshan Stabbing
- Built to Blast
- Views: Assessing APEC
- China Takes Another Step toward Capital Freedom
- Will the lower benchmark lending interest rate mean reduced borrowing costs for companies?
- Cuts to Benchmark Interest Rates Will Squeeze Banks' Profits, Analysts Say
- Court to Rehear 1996 Murder Case that Ended with Suspect's Execution
- Sign up to receive our free daily newsletter
- The Low Official Found with Towering Pile of Cash, Gold and Properties
- At Factory Waste Ponds, Fumes Choke Fantasies
- Some Shanghai FTZ Reform Ideas Introduced to Rest of Country
- Closer Look: Why Shanghai-Hong Kong Stock Connect Was One-Way Road
- Justin Lin Ignores Population Factor with Growth Predictions
- Canceled Mexican Rail Contract Gives Chinese Firms Chance to Reflect
- A Passage to India
- Sixth NEA Official This Year Is Investigated for Corruption
- Websites Offering Subtitles for Foreign TV Shows, Movies Shut Down
- Head of Troubled Li-Ning Co. Hands Baton to Company's Founder