What is behind China’s rise in charitable giving? The start of charitable giving as a trend in modern China can by pinned on a single date—May 12, 2008, the day an eight-magnitude earthquake hit Sichuan province leaving 70,000 people dead. Before that disaster, making charitable donations simply didn’t enter the heads of most Chinese people. […]
It’s a Given: the State of Chinese Philanthropy
Some people think Chinese people and enterprises have not formed the habit of giving. Is it true? Although it is the world’s second largest economy and has the second largest number of billionaires, China ranks 144th out of 145 countries on the 2015 CAF World Giving Index, which measures engagement in charity and willingness to help strangers. It is also reported that China’s top 100 philanthropists gave $3.2 billion—which is less than the amount given by just the top three givers in America. But despite the disappointing numbers, there are reasons to believe philanthropy is on the rise, with an awakening of social awareness and increasingly new ways to give.
Starting a Business in China Needs a Strong Adversity Quotient
In this series on The Chinapreneurs, we look at entrepreneurs’ experiences in starting a business in China. In the first one, Kevin Zhao, CEO of Wangli Bank, elaborates on starting up in China’s fast-changing internet finance sector.
The State of Philanthropy in China
Philanthropy in China doesn’t exactly have a good track record. What are the chances that the country will turn it around?
Peter Buffett and the Curse of Philanthropic Colonialism
Peter Buffett, son of legendary investor Warren Buffett and co-Chairman of the NoVo Foundation, explains what is wrong with philanthropy. Peter Buffett, the youngest son of legendary investor Warren Buffett, has rather strong views on philanthropy. In July 2013, Buffett, who is a musician, author and philanthropist all rolled into one, stirred a hornet’s […]
CKGSB MAGAZINE DECEMBER 2013: How will 3D Printing Impact Chinese Manufacturing?
You are invited to download the December issue of CKGSB Magazine. You’ll enjoy articles and interviews like: COVER STORY: 3D printing: Prophets of doom say 3D printing will overturn manufacturing in China. They’re both right and wrong. CHINA INSIGHT: All in the Genes: In just about 14 years of its existence, BGI-Shenzhen has become the world’s […]
Philanthropy For Community Impact
Brian Gallagher, CEO of United Way Worldwide, on more meaningful philanthropy, and measuring the impact of and enforcing accountabilty in philanthropy projects. As a charitable organization, United Way Worldwide (UWW) enjoys two unique advantages: the benefit of scale, and the ability to organize and manage community impact projects locally. UWW, a 125-year-old institution now, is […]
Sustainability and Inclusiveness Primer: Doing Good through Strategic Philanthropy
Giving to a worthy cause used to be as simple as signing a check and mailing it to a charity. As the idea of philanthropy continues to gain traction, buzzwords such as ‘impact investing’, ‘venture philanthropy’, ‘social venture capital’ etc., have emerged. All of these belong to a broader umbrella concept called ‘strategic philanthropy’ and […]
Sir Tom Hunter and his Idea of Venture Philanthropy
An interview with Sir Tom Hunter, noted entrepreneur, philanthropist and Scotland’s first billionaire. Sir Tom Hunter’s story is an inspiring one. The son of a grocer in a small mining village in Scotland, he started a business selling sneakers from the back of a van. From humble beginnings, he went on to create sportswear retail […]
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