Word: yu
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...Government corruption, especially on the local level, has been a persistent stumbling block. Yu Panglin, an 84-year-old Shenzhen-based hotelier who tops Hurun's most recent ranking of Chinese philanthropists, recalls that when he donated 10 ambulances to his hometown in 1988, local officials appropriated the cars as their own. Having learned his lesson, says Yu, "I only donate to the projects that I can see and touch myself. I have to ensure that nobody could get illicit gains from my donations." Yu, who gave $250 million in 2005, according to Hurun, focuses his work on Bright Action...
...Yu says change will have to come from Beijing: "The government should improve philanthropy-related legislation to encourage more people to donate...
...been used to illegally finance various business deals and speculative real estate projects. Among those hit by accusations of bribery or improper loans are Zhu Junyi, the pension fund's supervisor and a member of China's parliament; Zhang Rongkun, one of the nation's richest men; and Qin Yu, former secretary to Chen Liangyu, Shanghai's top Party official. The growing scandal comes as China's President Hu Jintao has intensified his campaign against corruption, instructing government officials and their families to report any property transactions, business holdings and foreign travel to the Party...
...Taiwan. The party's efforts are in vain. We have tasted true freedom; therefore we shall never again give it up. The future of Taiwan can be decided only by its 23 million people. Chiu is correct: "The island's democracy is here to stay." Eric Kai-Hsiang Yu Taichung, Taiwan...
...members of Kilo Company apparently abused their power while serving there. Perhaps they were confused because they can't distinguish friend from foe. It's as though the My Lai massacre had happened again, albeit on a smaller scale. One thing is sure: history does repeat itself. Jane Carla Yu Quezon City, the Philippines...