China's social entrepreneurs picking up slack
In China, a devastating earthquake in the southwestern province of Sichuan in 2008 led to a brief boom in corporate and personal giving.
But last year, a high-profile scandal involving a government-run charity caused donations to dry up.
According to Forbes magazine, total giving by China's top 100 philanthropists plunged by 41% in response, mirroring wider social mistrust in state institutions.
With citizens more reluctant to give to conventional charities, China's social entrepreneurs are picking up the slack.
The BBC's Hong Kong correspondent Juliana Liu reports.
23 Sep 2012
- From the section Business