The Committee of 100 (C100) was formed in June 1989 by a group of Chinese-Americans, many of them leading figures, to start a dialogue on how to save US-China relations. Fifty to sixty people assembled at the studio of I.M. Pei to devise a strategy. Six key people outlined the principles and goals of the organization. Henry S. Tang was one of them.
China’s economic boom has raised hundreds of millions of people out of poverty. In rural areas, widespread poverty remains a challenge. Fuping Development Institute began operations in 1993 with a RMB 500 budget, and since then, has become a major vehicle for poverty eradication in China. Today, Fuping manages a micro-loan portfolio worth tens of millions of RMB, with an impressive 97% repayment rate.