Re:Beijing vies for greater control of foreign universities ...
by gruez on Sunday November 19, 2017 @08:01PM
(#15737012)
even if they were genuinely surprised, there's nothing stopping them from pulling out, is there? sure, the government can seize the campus or whatever, but the real value to them is the branding + profs, both of which can be unilaterally revoked.
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Re:Beijing vies for greater control of foreign universities ...
by seanmcdirmid on Sunday November 19, 2017 @08:29PM
(#15737107)
1. Sunk costs.
2. They don’t really care and already expected this.
I believe these are also JVs with lots of Chinese capital involved.
Re:Beijing vies for greater control of foreign universities ...
by jiggunjer on Sunday November 19, 2017 @10:46PM
(#15737626)
What costs? I bet the government paid for the campuses. It has an incentive to keep citizens inside their borders. Universities already charge top-dollar for admission of overseas students, so they might not make much more trading a price drop for a volume rise.
Re:Beijing vies for greater control of foreign universities ...
by seanmcdirmid on Sunday November 19, 2017 @11:15PM
(#15737747)
They definitely have some exposure, NYU shanghai for example is a huge effort from both shanghai municipal sources and NYU proper. The government does provide subsidies in the form of land, but the venture typically books land appreciation right away which they are loathe to lose (the same thing happened with Microsoft’s Beijing campus). So perhaps it is more accurate to say they have something to lose even if their initial investment wasn’t that large.