2013-04-22
Chinese University Gains USD300 Million Scholarship Endowment
Beijing's Tsinghua University has landed a scholarship program potentially worth USD300 million to indoctrinate foreign students about the importance of China ties. Blackstone founder Stephen A. Schwarzman announced a USD100 million personal gift to endow the scholarship, and a simultaneous fundraising campaign with a goal of raising USD200 million will reportedly make the program the [...]