Q&A: Founder of China's first foundation talks future of philanthropy

Mei Hing Chak, the president of HeungKong Group and one of this year's winners of the Carnegie Foundation's medal of philanthropy. Photo by: HeungKong Group

NEW YORK — China is home to the second largest percentage of the world’s billionaires, but philanthropy there remains a relatively new, emerging trend.

And yet, while China’s total charitable giving is a small fraction of the money generated in Europe or the United States, according to United Nations estimates, donations from top philanthropists in China have tripled from 2010 to 2016, reaching $4.6 billion, according to a recent study by Harvard University and Swiss bank UBS.

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About the author

  • Lieberman amy

    Amy Lieberman

    Amy Lieberman is the New York Correspondent for Devex. She covers the United Nations and reports on global development and politics. Amy previously worked as a freelance reporter, covering the environment, human rights, immigration, and health across the U.S. and in more than 10 countries, including Colombia, Mexico, Nepal, and Cambodia. Her coverage has appeared in the Guardian, the Atlantic, Slate, and the Los Angeles Times. A native New Yorker, Amy received her master’s degree in politics and government from Columbia’s School of Journalism.