For two decades, U.S. universities have raced to build campuses abroad to burnish their reputation and attract foreign students. Now, controversies and stumbles at high-profile projects have led some to reconsider expansion.
When Sylvia Lim entered Singapore politics in 2001 as an opposition member, her father said he would visit her in jail, recalling how past adversaries of the ruling People’s Action Party were sued, bankrupted or imprisoned.
The National University of Singapore said it welcomes a discussion with Yale University after professors at the Ivy League school expressed concern about civil and political rights at a branch campus scheduled to open in the Asian city-state next year.
China’s equity market has become “dysfunctional” after the regulator halted share sales and investors shifted to wealth-management products, said Anthony Neoh, a former government adviser who helped the nation open up to foreign money managers a decade ago.
Eli Lilly & Co. Chief Executive Officer John Lechleiter said during a panel discussion in Washington that U.S. lawmakers should renew the research-and- development tax credit to make it easier for companies to compete globally. The Oct. 5 event, sponsored by Harvard University and the Business Roundtable and hosted by Bloomberg News in Washington, centered on ways to spur innovation.