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What Chinese-style corporate philanthropy can teach multinationals

Grappling with the balance between profit and purpose

| China
The logo of Shanghai Roche Pharmaceutical outside their headquarters in Shanghai: In 2020 alone, Roche donated 24 million yuan in cash, drugs and materials to Chinese government agencies working on COVID-19-related issues.   © Reuters

Ruth A. Shapiro is co-founder and CEO of the Center for Asian Philanthropy and Society (CAPS). She is the author of "Pragmatic Philanthropy: Asian Charity Explained and editor of The Real Problem Solvers." Vincent Cheng is research manager at CAPS.

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