Why China’s Billionaires Give Less to Charity - Presented by: The Aol. On Network

China already has more billionaires than the U.S., yet the average Chinese citizen donates just $8 per year to charity, compared with almost $1,000 per person in the U.S. Oliver Rui of the CEIBS Kaifeng Centre for Family Heritage tells the WSJ’s Wei Gu what needs to be done for philanthropy to catch on in China.



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