
Chinese entrepreneurs’ philanthropy helps lure world-class scholars
China’s growing number of universities funded by entrepreneurs are attracting more world-class scholars, aligning with Beijing’s intensifying push for hi-tech self-sufficiency, analysts said. Fuzhou’s Fuyao University of Science and Technology (FYUST), established with a US$10 billion donation from billionaire Cao Dewang, the chairman of glass manufacturer Fuyao Group, began enrolling students this year, and says…