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China's Communists Fear New Capitalists May Fund Wrong Causes

China's capitalists have already joined the ranks of the world's wealthiest people, and many have been embracing philanthropy and building private foundations to support charitable causes. But the government has passed a new Charities Law which allows Beijing to guide the flow of these funds to charities that it supports. The measure makes it compulsory for donors to keep the government informed about their contributions. That will likely affect the functioning and independence...

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