Tag: Philanthropy

How a U.S. Tech Mogul Used Nonprofits to Sow Chinese Propaganda

Media Library

The protest in London’s bustling Chinatown brought together a variety of activist groups to oppose a rise in anti-Asian hate crimes. So it was peculiar when a street brawl broke out among mostly ethnic Chinese demonstrators. Witnesses said the fight, in November 2021, started when men aligned with the event’s organizers, including a group called No Cold War, attacked activists supporting the democracy movement in Hong Kong. On the surface, No Cold War is a loose collective run mostly by American and British activists who say the West’s rhetoric against…

Bill Gates Meets Xi Jinping in First Visit to China Since 2019

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In a rare encounter with an American business figure, Xi Jinping, China’s leader, met Friday with Bill Gates as officials from Washington were set to arrive in Beijing in an effort to restart bilateral discussions. Mr. Xi told Mr. Gates that he was “the first American friend I met in Beijing this year,” according to People’s Daily, the Communist Party newspaper. Mr. Xi also said he wanted to build stronger ties with Mr. Gates’s philanthropic organization, the Bill and Melinda Gates Foundation, to help with aid to developing countries. The…

Governments Must Invest in Jobs in Green Economy, Ban Ki-moon Says.

Chin@Strategy

Global leaders must create jobs in the renewable energy sector so that the costs of transitioning from fossil fuels do not exacerbate economic inequalities, Ban Ki-moon, the former United Nations secretary general, said on Wednesday on the sidelines of the COP26 climate summit in Glasgow. “What is absolutely necessary at this time — it is critical now — is for governments to increase their ambition level, not only in clean energy, but creating millions of new green jobs for the people,” Mr. Ban, the U.N. leader from 2007 to 2016,…

China’s Xi Pressures Tycoons With ‘Common Prosperity’ Talk

Chin@Strategy

Four decades ago, Deng Xiaoping declared that China would “let some people get rich first” in its race for growth. Now, Xi Jinping has put China’s tycoons on notice that it is time for them to share more wealth with the rest of the country. Mr. Xi says the Communist Party will pursue “common prosperity,” pressing businesses and entrepreneurs to help narrow the stubborn wealth gap that could hold back the country’s rise and erode public confidence in the leadership. Supporters say China’s next phase of growth demands the shift.…