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Global Reaction

Chinese billionaire throws a lifeline to Japan

By Zhao Chenyan (chinadaily.com.cn)
Updated: 2011-03-14 13:02

Chinese billionaire and philanthropist Chen Guangbiao is heading to Japan to participate in rescue operations along with?1 million yuan ($152,000) in cash and emergency medicines for the quake victims, Xinhua News Agency reported on Saturday.

Special coverage: Earthquake Hits Japan Related readings:  Millions of Japan survivors without water, power  Chinese rescue team to launch rescue operations  2,000 bodies found on two shores in Japan

"I was deeply moved by Japanese rescuers during the Wenchuan quake rescue operations and now?we should?help them when they are in trouble," Chen said during an interview with People's Daily Online,

Chen Guangbiao, chairman of Jiangsu Huangpu Renewable Resources Utilization Co. in East 皇冠体育app and worth an estimated 5 billion yuan according to a Xinhua report, has vowed to leave his entire fortune to charity after he dies.