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Wealthy American Philanthropists Encourage Rich Chinese to Give Too

September 30, 2010

Wealthy Americans Bill Gates and Warren Buffett say they are encouraged to see that China's super-rich have enthusiasm for philanthropy.

Philanthropy was at the top of the agenda for America's richest man, Microsoft founder Bill Gates, who met with about 50 of China's wealthiest people at a highly publicized banquet in Beijing.

On Thursday, he compared the United States and China, and said wealthy donors in both countries have similar concerns, such as how to make an impact and how family members should be involved. But he says there are important differences.

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