The masters program in leadership that Steve Schwarzman has funded at Tsinghua University in Beijing, announced several years ago, finally got underway for real last month, with the first class entered. The program brings together foreign and Chinese students.

“This is the first time in 200 years where instead of the Chinese leaving to get educated, the best and brightest of the West are coming to China for no reason other than to just understand China,” the Wall Street Journal quoted Schwarzman as saying.

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