Public concerned clause may ban individual fundraising


China's top legislative body passed the country's first Charity Law on Wednesday Air Max 270 OG Sale , but the public is still vehemently debating one of the bill's more controversial articles, which may ban individuals from launching fundraising activities.


Though the full content of the newly approved law has not yet been revealed, the law stipulates that "charity groups and individuals without qualification are banned from raising money publicly."


Some people, including Liao Huage, a delegate of National People's Congress, feel that the law is too strict on personal fundraising Air Max 270 Flyknit Sale , the flexibility of which is more suited to the needs of those with personal difficulties, despite its shortcomings.


Chu Ying, a professor with South China Normal University, told the China Youth Daily that despite the fact that individual fundraising is not in line with the direction of future development, it is still needed by today's Chinese society.


However, Wang Zhenyao Air Max 270 Sale , head of the China Philanthropy Research Institute under Beijing Normal University, said fundraising activities by individuals were ruled out in the Charity Law as they often lack transparency and proper means of supervision, and are therefore vulnerable to manipulation by fraud.


In August, 19-year-old Yang Cailan launched a personal fundraising campaign online, raising 96,576 yuan ($14 Cheap Nike Air Max 270 Hot Punch ,814) after fabricating a story that her father had gone missing following the deadly Tianjin blasts, the Xinhua News Agency reported.


Wang Ming, a professor at Tsinghua University and a member of the 12th National Committee of the Chinese People's Political Consultative Conference who participated in the drafting process, told the Global Times on Wednesday that the behavior of individuals raising money for the poor or the sick and who give money to beggars falls under the umbrella of "help-seeking behavior," which is not subject to the newly approved law and, therefore Cheap Nike Air Max 270 Light Bone , is not illegal or banned.


The Charity Law stipulates that unqualified organizations or individuals can cooperate with qualified ones to raise funds, but unqualified fundraisers may face a fine of up to 200,000 yuan, according to Xinhua.


The vagueness of some terms of the law, such as the lack of a definition for "qualified individual," has led to various legal interpretations Cheap Nike Air Max 270 OG , Liu Youping, deputy head at the China Charity and Donation Information Center, told the Global Times on Wednesday.


The Charity Law was passed with 2,636 votes in favor and 131 votes against the bill with 83 abstentions at the fourth session of the National People's Congress.


It was signed on Wednesday by Chinese President Xi Jinping and will come into effect in September.




SoftBank shares soared Wednesday after US President-elect Donald Trump said the Japanese telecoms giant would invest $50 billion in business and job-creation in the United States.


The Tokyo-listed firm jumped more than five percent after the opening bell, hours after the tycoon announced the deal, while wrapping an arm around SoftBank's flamboyant billionaire founder Masayoshi Son.


In afternoon trading market heavyweight SoftBank was up 4.2 percent at 7 Cheap Nike Air Max 270 Flyknit ,249 yen.


"This is Masa of SoftBank from Japan and he's just agreed to invest $50 billion in the United States and 50,000 jobs," Trump told reporters in the lobby of Trump Tower in New York.


In New York, the SoftBank chief executive brandished a document featuring the names of his firm and that of Foxconn, the Taiwanese technology giant, that read: "Commit to invest $50bn + $7bn in US Cheap Nike Air Max 270 , generate 50k + 50k new jobs in US in next four years."


The soon-to-be US president offered no specific details, and a Tokyo-based spokesman for SoftBank declined comment. Foxconn, which assembles Apple's iPhone and supplies parts, also refused to comment.


Son told reporters the money will come from a $100 billion investment fund he is setting up with Saudi Arabia's sovereign wealth fund and other partners, a move announced in mid-October, Japan's Jiji Press reported.


"Investors are welcoming the announcement Cheap Air Max 270 Hot Punch ," Shuji Hosoi, a senior strategist at Daiwa Securities in Tokyo, told AFP.


"It was something unexpected, and the size of the pledge is big. Son's remarks were generally in line with what Trump has been saying (about boosting the economy)."


Trump campaigned on a platform of bringing jobs back the the United States he claimed were being taken away by -- particularly by China -- while he also threatened "consequences" for American firms that fire workers and leave the country. He also said he would slash corporate taxes.


SoftBank already has investments in the United States: in 2013 it paid $22 billion for 80 percent of Sprint. Son initially set his si. Cheap Jerseys Cheap Jerseys From China Cheap Wholesale Jerseys Cheap Sports Jerseys Cheap Jerseys Wholesale Cheap Retro Jerseys Cheap MLB Jerseys Cheap Wholesale NFL Jerseys Cheap Jerseys Online Wholesale Hockey Jerseys