How Chinese Universities Can Learn the Largesse Game

Donations by Chinese entrepreneurs to top universities overseas have become a talking point. In July, Soho China's husband-and-wife team of Pan Shiyi and Zhang Xin launched a US$ 100 million fund to help send poor Chinese students to the world's top universities, beginning with a US$ 15 million donation to Harvard University.

More recently, a foundation set up by Hong Kong property tycoon Ronnie Chan Chi-chung and his brother Gerald Chan Lok-chung made a donation of US $350 million to Harvard's School of Public Health.