 "Charles Chen Yidan, one of five co-founders of Tencent Holdings")
For a nation that’s minting billionaires at a blistering pace, China’s philanthropy scene is surprisingly puny, thanks in part to the Communist Party’s longstanding suspicion of non-governmental organisations.
That’s starting to change as a handful of Chinese billionaires including Jack Ma go public with plans for ambitious charitable endeavours. Among them is Charles Chen Yidan, one of five co-founders of the country’s biggest internet media company, Tencent Holdings Ltd. Yidan was Tencent’s chief administrative officer and helped set up its in-house charity. In 2013 he retired to dedicate more time to personal giving, focusing largely on education.
In Hong Kong on Saturday
