Gates wants wealthy to do more for poor

China Daily (Canada) - - NEWSCAPSULE -

Mi­crosoft founder Bill Gates, who runs the $38 bil­lion Bill and Melinda Gates Foun­da­tion, wants China’s wealthy to do more for the poor.

“I hope that more people of in­sight will put their tal­ents to work to im­prove the lives of poor people in China and around the world, and seek so­lu­tions for them,” Gates wrote in an ed­i­to­rial pub­lished on Mon­day in People’s Daily.

Phi­lan­thropy in China has yet to take off, as some wealthy Chi­nese fear gen­er­ous do­na­tions could in­vite un­wanted at­ten­tion on their for­tunes.

The ed­i­to­rial by Gates comes just days af­ter the founders of Chi­nese In­ter­net com­pany Alibaba Group Hold­ing Ltd an­nounced the es­tab­lish­ment of a char­i­ta­ble trust. It will fo­cus on the en­vi­ron­ment and health and could be worth as much as $3 bil­lion, mak­ing it one of the big­gest in Asia. (Photo 3)

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