Chinese billionaires criticized for giving Harvard $15m

A Chinese billionaire couple have faced a deluge of criticism for donating $15 million to one of the richest and most prestigious universities in the US, with Internet users saying it would be better spent on students in China.

Pan Shiyi and Zhang Xin, the husband-and-wife duo behind real estate giant SOHO China, are giving $100 million to fund disadvantaged Chinese students at top universities across the globe.

The first stage of the program was last week’s gift to Harvard, widely regarded as one of the world’s best universities.

Pan is not only one of China’s wealthiest people but also one of the country’s most-celebrated “Big V” bloggers, with nearly 17 million followers on Sina Weibo, at times drawing attention from the authorities.

China is the largest single source country for international students in the United States, providing more than a quarter of all foreign students, according to the Institute of International Education.

Many of those young people’s studies are funded by their families, but Zhang told the Wall Street Journal that the firm’s “SOHO China Scholarships” will be aimed at encouraging less-well-off Chinese students to apply to study abroad.

Nonetheless some users of Sina Weibo, a Chinese Twitter equivalent, sharply criticized Pan and Zhang, questioning the couple’s motives and arguing that disadvantaged students within China are more deserving of help.

“They despise their own country and people,” one Sina Weibo user wrote Thursday.

“It doesn’t matter… The rise of China and Chinese higher education is historically inevitable,” added the poster, who uses the name “Boycott Japanese goods forever”.

Another user added: “Taking Chinese people’s money and giving it to people who are able to study in America — what a great definition of ‘poverty’!”

Others defended the decision by the couple, who have also established a foundation to support education in rural areas of China.

Zhang responded to the criticism on her own Weibo account, writing that without funding for poor students, good education would be reserved for the wealthy.

Pan has previously driven public opinion online on a variety of issues, and incurred the government’s wrath by posting details of Beijing’s dirty air levels, which at the time were not officially released.

At a meeting in mid-August, one of China’s top officials responsible for Internet censorship told Pan and other well-known bloggers to be “more positive and constructive” in their online comments, according to the state-run Xinhua news agency.

Pan was later shown in an interview with state broadcaster CCTV, where he appeared contrite and warned of the dangers of “casual” online posts.

Source AP

One thought on “Chinese billionaires criticized for giving Harvard $15m

  • Marisa Sung

    Harvard has been granting full scholarships to Asian students for years. The policy at Harvard is that if you can get in but do not possess the funds to attend, they will carry you for four years or cover at least half of all expenses. The student body consists of mostly Chinese American Students as it is. They have the largest endowment of any University in this country and hence, offer the most scholarships. Another choice might have been UCLA especially because they started the very first Asian American Studies Center and celebrated the 40th Anniversary of the Program in 2009.

    It is true that there are so many schools and foundations that are in dire need of donations. The sad truth remains that the more you have the more people want to give you. That said, we live in a capitalist society where the rich are free to donate to whatever causes float their boat. Did anyone dare to criticize Oprah Winfrey for supporting Africa when she was born and raised in this Country not to mention that this is the Country that made her what she is today?? She is as removed from Africa as we are. She could have helped so many needy African Americans in the USA but instead chose to focus on young girls in Africa. Again, her choice.

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