Advertisement

Let The Hundred Businesses Donate (bai shang qi juan): The New Chinese Ways of Philanthropy, Traditional Values and the US Model

  • Gordon C. K. Cheung
Part of the The Nottingham China Policy Institute series book series (NCP)

Abstract

On 31 December 2013 Xi Jinping made his first New Year speech after becoming the new President of China in March 2013. In the speech he reiterated the importance of the ‘quest for the dream of the road to rejuvenate China’s previous glory’.2 While many people may have different interpretations of the exact meaning of the ‘Chinese Dream’, it is undeniable that it will be a tall order for China to realize this dream. Considering the enormous problems China is facing at present, the Olympic Games held in Beijing in 2008 and the Expo held in Shanghai in 2010 can be viewed as more like the preamble of the ‘free association’ for understanding the real messages behind the dream. More importantly, how to reconcile the political notion of the Chinese Dream and the connotation of the new reform momentum is the real test to understand the challenges that China faces and the assessment of Xi’s ability. The enormous personal wealth generated by more than 30 years of economic reform in China and finding ways in which to redistribute this wealth to the weak and needy is one of the areas that have to be resolved.

Keywords

Business Ethic Corporate Philanthropy Hong Kong Chinese Business Melinda Gate Foundation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Notes and references

  1. 2.
    Caijing Magazine [Finance & Economy], 2 January 2014, http://politics.caijing.com.cn/2014-;01–02/113766543.html (accessed 4 January 2014). For new academic study of the Chinese Dreams or the future of China, see William A. Callahan (2013) Chinese Dreams: 20 Visions of the Future, (Oxford: Oxford University Press)Google Scholar
  2. and Angang Hu (2011) China in 2020: A New Type of Superpower (Washington, DC: The Brookings Institution).Google Scholar
  3. 5.
    Andre, Laliberie (2008) ‘“Harmonious Society,” “Peaceful Re-Unification”, and the Dilemma Raised by Taiwanese Philanthropy’, in Andre Laliberte and Mac Lanteigne (eds), The Chinese Party-State in the 21st Century: Adaptation and the Reinvention of Legitimacy (London: Routledge), p. 83.Google Scholar
  4. 6.
    See Max Weber (1992 [1930]) The Protestant Ethic and the Spirit of Capitalism (tran. by T. Parsons) (London: Routledge)Google Scholar
  5. and R. H. Tawney (1952) Religion and the Rise of Capitalism: A Historical Study (New York: Harcourt, Brace and Co).Google Scholar
  6. 8.
    Peter Nolan (2012) Is China Buying the World? (Cambridge: Polity), p. 143.Google Scholar
  7. 9.
    Edward S. Steinfeld (2010) Playing our Game: Why China’s Economic Rise Doesn’t Threaten the West (New York: Oxford University Press), p. 234.Google Scholar
  8. 13.
    Minnie Chan (2012) ‘Strike’, in Stefan Al (ed.), Factory Towns of South China: An Illustrated Guidebook (Hong Kong: Hong Kong University Press), p. 28.Google Scholar
  9. 15.
    John Wong (2013) ‘The Twelfth Five-Year Programme: A Turning Point in China’s Socio-Economic Development.’ In Gungwu Wang and Yongnian Zheng (eds) China: Development and Governance (Singapore: World Scientific), p. 149.Google Scholar
  10. 16.
    Teresa Wright (2010) Accepting Authoritarianism: State-Society Relations in China’s Reform Era (Stanford: Stanford University Press).Google Scholar
  11. 25.
    Dali Ma and William L. Parish (2006) ‘Tocquevillian Moments: Charitable Contributions by Chinese Private Entrepreneurs’, Social Forces, vol. 85, no. 2 (December), p. 943.CrossRefGoogle Scholar
  12. 26.
    Jun Su and Jia He (2010) ‘Does Giving Lead to Getting? Evidence from Chinese Private Enterprises’, Journal of Business Ethics, vol. 93, pp. 85–87.Google Scholar
  13. 29.
    Xiaobo Wu (2007) Jidang Sanahi Nian [Striking 30 Years] (Beijing: CITIC Publishing Group).Google Scholar
  14. 38.
    Glen Peterson (2005) ‘Overseas Chinese and Merchant Philanthropy in China: From Culturalism to Nationalism’, Journal of Chinese Overseas, vol. 1, no. 1, p. 88.CrossRefGoogle Scholar
  15. 39.
    Yu-Yue Tsu (1921) The Spirit of Chinese Philanthropy: A Study in Mutual Aid, Columbia University (London: P.S. King and Son), pp. 29–30.Google Scholar
  16. Almost a century later, another ‘ full-length book on premodern Chinese charity’ was written by Joanna Handlin Smith (2009) The Art of Doing Good: Charity in Late Ming China (Berkeley: University of California Press), p. 1.Google Scholar
  17. 40.
    Carl T. Smith (1983) ‘Compradores of the Hongkong Bank’, in Frank K. K. King (ed.), Eastern Banking: Essays in the History of the Hongkong and Shanghai Banking Corporation (London: The Athlone Press), p. 98.Google Scholar
  18. 41.
    However, the money provided by the Hong Kong government was actually from the licensing of those casinos where many Chinese people surrendered most of their fortune on the gambling table. In other words, it was quite clear that all the money gathered for the Tungwah hospital was practically from the Chinese. See Elizabeth Sinn and Yun Wo Lau (2006) (eds), Yishanxingdao: Tungwah Sanyuan 135 zhounian jinian zhuanti wenji [The Way of Charity: Tungwah Group of Hospitals 135 Anniversary Special Essay Collections] (Hong Kong: Joint Publishing (Hong Kong) Co. Ltd), pp. 25–8.Google Scholar
  19. 47.
    Gordon C. K. Cheung and Edmund Terence Gomez (2012) ‘Hong Kong’s Diaspora, Networks and Family Business in the UK: A History of the Chinese “Food Chain” and the Case of the W. Wing Yip Group’, China Review, vol. 12, no. 1, pp. 45–72.Google Scholar
  20. 48.
    Gordon C. K. Cheung (2011) ‘The Significance of the Overseas Chinese in East Asia’, in Mark Beeson and Richard Stubbs (eds), Routledge Handbook of Asian Regionalism (London: Routledge), p. 85.Google Scholar
  21. 51.
    Olivier Zunz (2012) Philanthropy in America: A History (Princeton: Princeton University Press), p. 2.Google Scholar
  22. 55.
    Edward C. Kirkland (1962) (ed.) The Gospel of Wealth and Other Timely Essays by Andrew Carnegie (Cambridge, MA: Belknap Press of Harvard University Press), p. 2.Google Scholar
  23. 57.
    Frank Koch (1979) The New Corporate Philanthropy (New York and London: Plenum Press), p. 4.CrossRefGoogle Scholar
  24. 58.
    Michael E. Porter and Mark R. Kramer (2000) ‘The Competitive Advantage of Corporate Philanthropy’, Harvard Business Review, vol. 80, no. 12 (December), p. 57.Google Scholar
  25. 60.
    Robert H. Bremner (1960) American Philanthropy (Chicago and London: The University of Chicago Press), p. 5.Google Scholar
  26. 61.
    Lewis M. Branscomb and Richard Florida (1998) ‘Challeanges to Technology Policy in a Changing World Economy’, in Lewis M. Branscomb and James H. Keller (eds), Investing in Innovation: Creating a Research and Innovation Policy That Works (Boston, MA: The MIT Press), p. 24.Google Scholar
  27. 62.
    Zoltán J.Ács (2013) Why Philanthropy Matters: How the Wealthy Give, and What It Means for Our Economic Well-being (Princeton, NJ: Princeton University Press), pp. 150–1.Google Scholar
  28. 63.
    Mary Brown Bullock (2011) The Oil Prince’s Legacy: Rockefeller Philanthropy in China (Stanford: Stanford University Press), p. 4.Google Scholar
  29. 66.
    Yongnian Zheng (2012) Zhongguo gaige sanbuzou [China’s Reform: A Road Map], (Beijing: Dongfang chubanshe).Google Scholar
  30. 67.
    Jinglian Wu (2013) Zhongguo gaige zaichufa [China’s Reform Re-launch], in Shangquan Gao (ed.), Gaige shi zhongguo zuida de hongli [Reform is China’s Largest Dividend] (Hong Kong: Joint Publishing (HK) Co. Ltd), pp. 46–52.Google Scholar

Copyright information

© Gordon C. K. Cheung 2015

Authors and Affiliations

  • Gordon C. K. Cheung

There are no affiliations available

Personalised recommendations