In other countries universities are fighting not to have their funding cut. In China this is not the case. For example, Peking University has a new two-wing teaching hospital, an economics faculty, a center for executive MBAs and an English-language school.
The Asia editor of University World News, Yojana Sharma, said, "China – unlike Britain, perhaps – understands that investing in top-quality university education is essential for its future economic development. China watched what happened in Taiwan in the 1990s and is now trying to do the same. This new innovation strategy is a major development and many people are underestimating just how big these plans are."
The Sydney Morning Herald reports the ministry of education has promised to double the number of foreign students attending university in China to 150,000 by 2020, making it the largest provider of education for foreign students in Asia.
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