Monday, October 17, 2011

China grapples with charity - Fortune Management

China grapples with charity - Fortune Management: By Bill Powell, editor-at-large

Bill Gates and Warren Buffett in China in September 2010

FORTUNE -- Last year Warren Buffett and Bill Gates visited Beijing for what they thought would be the least controversial of reasons. They had arranged to have a private dinner with a group of rich, successful Chinese businessmen, and to talk with them about a subject that seems innocuous: philanthropy. The Chinese blogosphere caught wind of the dinner and erupted in chatter. "And not all of it," acknowledges Peter Buffett, "was positive."

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