why are the rich not giving to charity - Talk China

why are the rich not giving to charity - Talk China: "why are the rich not giving to charity


Millionaires and even billionaires are emerging with China�s market economy boom. With a staggering amount of wealth under their belt, what have they done for the welfare of society?
Three institutions under the Ministry of Civil Affairs (MCA) including the China Association of Social Workers (CASW) published a list of top philanthropists on the Chinese mainland on April 26. Shortly before, Rupert Hoogewerf, the British accountant famous for his ranking of the Chinese rich launched six years ago, released his charity ranking, called 2005 China Philanthropy List. In addition, the Chinese edition of Forbes magazine also published another ranking of China�s generous donors on May 10.