History News Network

History News Network: "Bill Gates and Warren Buffett are throwing a charity banquet in Beijing. On September 29th, the two American tycoons will host a dinner for China’s wealthiest magnates to convince them to give their monies away to charity. This event has caused a stir in the Chinese world. Everyone from movie stars to industry moguls is involved. Doonesbury is talking about it. Some billionaires have publicly declined to dine with the dynamic duo, wondering aloud if the event was planned to publicly part them from their new fortunes. Their response has called into question China’s “charitable impulse” and given rise to questions about China’s ability to “do philanthropy.”"