Peking (Beijing( University
received a donation (173.3 million yuan - $21.9 million - nice round numbers) from a Singaporean billionaire. The president signed a donation contract with the daughter of the late banker making the gift from the inheritance fund. The whole scenario reminds me of just how much prestigious universities in China are like their American counterparts.
1. It's the presitigious universities in China and the U.S. that receive such huge gifts from benefactors. What about the little guys, the up-and-coming?
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