Insights | Why Chinese tech giants are becoming very generous

bigstock Cell Phone In Front National 43674526 • Insights | Why Chinese tech giants are becoming very generous Alibaba, Features, government, meituan, Premium, Tencent, With Chinese Characteristics

Philanthropy is shifting from a “nice to have” initiative to a “must have” commitment for Chinese tech giants.

Chinese internet firms ramped up their donations for the public good over the past few months, giving away billions of dollars to causes ranging from technology innovation to bridging income inequality. The move is widely viewed as an effort to placate a state that lately seems to be scrutinizing their every move.

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