Tuesday, April 11, 2006

Rich are giving hand over fist (CHINA)

Rich are giving hand over fist: "Rich are giving hand over fist
By Wang Zhenghua (China Daily)
Updated: 2006-04-11 05:51

The rich in China are often derided for a perceived lack of social responsibility but two separate reports to be published soon show that the wealthy are more willing than ever to open their wallets for the needy.

According to the 2006 Hurun Report's Chinese Philanthropists List, compiled by Briton Rupert Hoogewerf and set to be released today, the total amount donated by the top 50 Chinese in the year ending March was 3.75 billion yuan (US$462 million)."

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