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Chinese government pushing its businessmen to donate ANI 18 Jul 2021, 04:37 GMT+10 Shenzhen [China], July 17 (ANI): China s ultra-wealthy have been on a philanthropic tear this year, but behind the surge in private gift-giving looms the hand of the Chinese government, says an inernational expert. Michael Standaert, writing in Al Jazeera said that China s billionaires are becoming terribly generous of late. In recent months, Wang Xing, the chairman and founder of food delivery giant Meituan, donated around USD 2.7 billion. Colin Huang, founder of e-commerce giant Pinduoduo gifted around USD 1.85 billion. He Xiangjian of the Midea home appliances empire and Xu Jiayin of the Evergrande real estate empire donated over USD 975 million and USD 370 million respectively, reported Al Jazeera.

Wang xingTom cliffColin huangMichael standaertXu jiayinJack maEmily baumUniversity of california los angelesAustralian national universityUniversity of california irvineAsia pacific centerAl jazeeraChinese communist partyChinese president xi jinpingMin zhouCalifornia los angeles