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April 29, 2012

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Kind developers

PROPERTY developers topped China's list of charitable donors in 2011, and Chinese billionaire Cao Dewang remained the most generous benefactor, according to a charity rating list published on Friday by the China Association of Social Workers. Cao, president of Fuyao Glass Industry Group Co Ltd, retained top position for donating shares fetching a market value of 3.55 billion yuan (US$563.5 million) to fund a charity last year.

 

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