US Companies Aid Chinese Earthquake Victims

Friday, May 16, 2008 General News
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WASHINGTON, May 15 The US-China Business Council (USCBC) today encouraged American companies to continue to support relief efforts under way in China in response to the devastating earthquake that hit Sichuan Province on May 12.



USCBC member companies have already pledged several million dollars in cash and in-kind goods and services for aid to earthquake victims and many have established matching funds for their employees.



"The US-China Business Council (USCBC) has expressed the concerns and support of the US business community to both to the Ministry of Foreign Affairs in Beijing and the PRC Embassy in Washington, DC," reported USCBC President John Frisbie. "We will continue to advise companies on how to best support the relief effort under way."



The following is a sample list of initial donations by USCBC member companies. Companies continue to pledge new contributions and expand existing ones as events unfold. Updates to this list will be posted at http://uschina.org/public/china/2008/earthquake_relief.html.



American International Group has made an initial pledge of $1 million to provide immediate recovery assistance through several different organizations.



Amway made an initial commitment of RMB 2 million ($286,000) to the Sichuan Red Cross through its Amway China affiliate to aid in recovery efforts. Half of the donations will be for the Red Cross to use for immediate disaster relief. The other half is designated for the reconstruction of a primary school that collapsed in Chengdu City and killed 50 students. Amway China staff and its top sales representatives in that province will also gather Amway volunteers to donate blood in the coming days.



Anheuser-Busch is donating RMB 3.5 million ($500,000) to the Red Cross Society of China to aid relief efforts for earthquake victims. The company also will provide more than RMB 7.7 million ($1.1 million) or 425,000 cases of fresh drinking water to the area.



Applied Materials Applied Materials, through Applied Materials China, will be making a contribution of RMB 1 million ($143,000) to the Red Cross Society of China on behalf of the company and its employees.



Bechtel is setting up a matching contribution fund for employee disaster relief contributions.



The Boeing Company has made an initial contribution of $250,000 to relief efforts and will match employee donations to the American Red Cross for disaster assistance on a 1:1 basis.



Cargill along with its businesses and employees have to date provided approximately RMB 3.3 million (more than $450,000) to several Red Cross societies; the company will match global employee donations to these societies. In addition, Cargill businesses and employees in China are supporting long-time partner China Children and Teenagers' Fund for school-rebuilding efforts as part of a longer-term recovery effort in their communities.



Caterpillar The Cat Foundation has made an initial gift of $50,000 to the American Red Cross to be used for disaster relief efforts in China and will also match cash contributions from Cat employees, retirees, and Cat dealer employees to the American Red Cross up to an additional $50,000. If the match is fully realized by its June 13 deadline, the total gift to earthquake relief in China will be $150,000. In addition, Caterpillar together with its dealers have initially deployed equipment valued at approximately $2.85 million, including machines and generator sets to be used in the recovery efforts, as well as a team of skilled equipment operators. Caterpillar and Cat dealers in China are poised to mobilize even more equipment if needed.



Chindex, a health care company with operations in China's southwest, is making in-kind donations directly in response to and delivered dir


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