Monday 3 November 2014

Ebola crisis highlights China's philanthropic shortfall

By Megha Rajagopalan BEIJING (Reuters) - China has contributed over $120 million to fight the spread of the Ebola virus, but its billionaire tycoons - it has more than anywhere outside the United States - have, publicly at least, donated little to the cause, underscoring an immature culture of philanthropy in the world's second-biggest economy. As the ranks of China's wealthy and the success of its corporations grow, donating to good causes has yet to take off in a significant way. China sits towards the bottom of the list of countries where people give money to charity, volunteer or help a stranger, according to The World Giving Index, compiled by the Charities Aid Foundation. Donations to charities totaled 98.9 billion yuan ($16.1 billion) in 2013, according to Chinese government data, recovering from two straight years of declines. via Health News Headlines - Yahoo News Read More Here..

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