Bill Gates 'Hopeful' China Will Amend Laws to Boost Philanthropy

Bill Gates attends the inauguration ceremony of the China Global Philanthropy Institute and the Joint Philanthropy Education Initiative

Source:: ChinaFotoPress via Getty Images

China should amend legislation to make it easier for philanthropy to grow, Microsoft Corp. co-founder Bill Gates said in an television broadcast Saturday.

“Certainly the status quo is not ideal,” Gates said in an interview with state-owned China Central Television. He said his charity foundation had shared its thoughts with the country’s ministry of civil affairs and had hired consultants to report on the issue.