Wealthy Asian families are increasingly sending their children to top universities in ASIA - instead of europe or US📛

Truth Hurts

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  • Jun 15, 2013
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    Westනාහිර
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    Wealthy Asian families are increasingly sending their younger generations to study at homegrown universities, as the region’s powerful economies present greater opportunities for business connections — and business expansion. Where once rich dynasties favoured American and European establishments for their children’s undergraduate and postgraduate studies, advisers report that many are now opting for the highly-ranked universities in mainland China, Hong Kong and the wider Asia Pacific region.

    “There is definitely a growing interest and trend for Asia to become a preferred destination for higher education,” says Winnie Qian Peng, director of the Roger King Center for Asian Family Business and Family Office at the Hong Kong University of Science and Technology.

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    “For a long time, Asia was far behind the US. Now it’s not,” Peng explains. “It’s therefore very natural that people would view Asia as a good place to study and to work, because that could be the future growth driver.” While the traditionally leading universities of the US and UK are still highly sought after by many wealthy Chinese families, for both undergraduate and postgraduate programmes, Peng says a growing number of rich mainland Chinese families want their children to study at institutions in the region because they have become highly rated internationally. Hong Kong is home to five of the world’s top 100 universities according to the latest edition of QS’s world university rankings, including HKUST, while mainland China has another five, including Tsinghua and Peking universities. Singapore has two in the top 100: the National University of Singapore and Nanyang Technological University.

    Peng points out that the number of applications for HKUST’s Master of Science in Finance programme this year was double the pre-pandemic level — with many now coming from mainland China. “You may find people with similar backgrounds from all those wealthy families, children studying together and becoming classmates,” she says. “This becomes guanxi — a connection — people actually value this a lot, especially in the Asian context.” Children studying together and becoming classmates . . . this becomes guanxi — a connection — people actually value this a lot, especially in the Asian context Winnie Qian Peng, director of the Roger King Center for Asian Family Business and Family Office at the Hong Kong University of Science and Technology US-China tensions, which made it more difficult for some mainland Chinese students to apply to study in the US, have prompted more to look to Hong Kong and Singapore. Japan and South Korea’s universities are also gaining momentum, Peng adds. Hong Kong’s low tax rates are a further attraction for global families. Meanwhile, Singapore remains a hotspot following an influx of Chinese investors during the pandemic — even though the city-state recently doubled its property tax for foreigners. It is particularly appealing to wealthy Chinese families who wish their second and third generations to gain overseas residency and passports.

    Chi-man Kwan, chief executive of Raffles Family Office, a multi-family office dually based in Hong Kong and Singapore, says that, when it comes to deciding on a higher education destination, many wealthy parents will factor in where their family businesses are based, and where they plan to expand their business footprint. “If I am an entrepreneur in Greater China, and I am looking to expand to south-east Asia, the best place to make my headquarters is very likely Singapore,” Kwan says. “If you are a European family or an American family, [and] your family business is doing very well . . . eventually — maybe this generation but for sure the next generation — Asia and Greater China is definitely going to play a big part of it.”

    https://www.ft.com/content/5fa25922-0c09-462a-9a9b-8a97185aba0e
     

    dxx

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    කොහෙද ලංකාවේ හරියට කරන්න දෙන්නේ නෑනේ අර අපතයෝ සෙට් ඵක..උන්ගේ පිටින් දාල අාණ්ඩුවත් ඔහේ ඉන්නව.ඕවා තමා රටකට ඩොලර් උල්පත්..හැබැයි ඉතිං ඕවා හැදුවට වැඩක් නෑ වෙන රටවලින් ඵන්න රටේ දියුණුවත් බලපානව.අහල තියෙන විදිහට හොඳම public transport ඵකක් තියෙනව හොංකොං වල.train ඵකක් විනාඩි 2න් ඵනව කිව්වොත් හරියටම විනාඩි 2න් ඵනව..බසුත් ඵහෙමයි..
     

    SLBlackKnight

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  • Sep 17, 2010
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    Kottawa
    ලංකාවේ professor ලත් ඉන්නව ඕකේ..හොඳට ගෙවනව අැති..
     
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    Bounty_Hunter

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    Private University තමා ඒ රටවල් වල ලොකුම ආදායම් මාර්ග

    ලංකාවේ ඔවා කරන්න බැහැ කාලකන්නි ජෙප්පෝ නිසා
    corrupted country ekaka kohomat owa karanna ba ban. balahanko lankawe private unis wala monada tiyena facilities, opportunities un salli passema vitharai..
    state evata wada hodai, echcharai.
     
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    2osama

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  • Oct 25, 2010
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    මාලඹේ
    corrupted country ekaka kohomat owa karanna ba ban. balahanko lankawe private unis wala monada tiyena facilities, opportunities un salli passema vitharai..
    state evata wada hodai, echcharai.
    corrupted නැති රටවල් නැහැ බං හැම රටකම අඩු වැඩියෙන් දූෂණ තියෙනවා
    දැනටම Kotelawala Defence University එකේ සෑහෙන්න Foreign Students ලා ඉගෙන ගන්නවා කීවොත් උබ විශ්වාස කරන එකක් නැහැ

    Gov Uni හොදයි කිව්වට Rank එකක් නැති ලංකාවේ Gov University වල Certificate වලට වඩා පිටරට Uni වලින් දෙන Certificate's ඕනෑම රටකින් පිළිගන්නවා
     
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    Bounty_Hunter

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    corrupted නැති රටවල් නැහැ බං හැම රටකම අඩු වැඩියෙන් දූෂණ තියෙනවා
    දැනටම Kotelawala Defence University එකේ සෑහෙන්න Foreign Students ලා ඉගෙන ගන්නවා කීවොත් උබ විශ්වාස කරන එකක් නැහැ

    Gov Uni හොදයි කිව්වට Rank එකක් නැති ලංකාවේ Gov University වල Certificate වලට වඩා පිටරට Uni වලින් දෙන Certificate's ඕනෑම රටකින් පිළිගන්නවා
    generally Gvt and private uni okkoma hodai. hama ekenma top minds eliyata enawa. namuth international level ekat ekka compare karaddi godak pahalin inne (research, facilities, staff, etc)
    Kothalawala vitharak neme godak private uni wala foreign students la godak innawa. reason eka e ratawal walata wada (godak third world poor countries) lankawe Unis hdai, affordable.
     
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    Djice

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    out of fucked up land
    kinda makes sense. it's a uni with a really high ranking unlike all the unis in arshiklands. stop comparing your shitty unis with world ranked unis. lol
     
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