In an article for Fortune, Prof. Deborah Lucas examines how worried investors should be worried about debt-burdened cities in China. Lucas writes that a new MIT study found that “while the massive debt buildup in China presents challenges, the situation is not as dire as a full-blown debt crisis.”
NBC News reporter Keith Wagstaff writes that MIT will open a new “Innovation Node” in Hong Kong next summer. Wagstaff explains that the goal of the Innovation Node is to help students learn how to bring ideas from lab to market.
Wall Street Journal reporters Wei Gu and Anjanu Trivedi write that MIT will launch an “Innovation Node” in Hong Kong. “Universities in Hong Kong are very strong and the city has significant business expertise,” explains President L. Rafael Reif. “We are here for what Hong Kong has to offer.”
Prof. Yasheng Huang writes for The Boston Globe about the Chinese government’s active role in the country’s economy and how this is negatively impacting growth. “Chinese growth in the future will be limited until the government makes fairly substantive structural reforms,” writes Huang.
Professor Yasheng Huang writes for The New York Times about the role of the government in the recent downturn in Chinese markets. “The current mess is entirely due to the active encouragement by the authorities to invest in the markets and to lax regulations," Huang writes.
Chun Han Wong writes for The Wall Street Journal about a study coauthored by MIT graduate student Yiqing Xu that finds an ideological divide in China based on geography. The researchers found that, “provinces with higher levels of economic development, trade openness, urbanization are more liberal than their poor, rural counterparts.”
A new study by researchers from MIT and Harvard finds a geographic divide between liberals and conservatives in China, reports Michael Forsythe for The New York Times. “China may even be divided, much like the United States, into ‘red’ conservative provinces mostly in the poorer rural interior and richer, urbanized ‘blue’ coastal provinces,” writes Forsythe.
Coco Liu writes for Scientific American about a new study co-authored by MIT researchers that indicates that Chinese government efforts to improve air quality may actually increase carbon emissions. With the focus on air quality, Chinese plants will focus on “scrubbing pollutants from the exhaust stream of coal power plants—rather than switching to use more renewable energy.”
The Cambridge Chronicle reports that alumnus Samuel Tak Lee has donated $118 million to establish a real estate entrepreneurship lab at MIT. The lab will have a particular focus on China, and “will promote social responsibility among entrepreneurs and academics in the real estate profession worldwide.”
Tech reporter Amy Wang writes about the recent gift from alumnus Samuel Tak Lee that will establish a real estate entrepreneurship lab at MIT. “Real estate and urban planning is very interdisciplinary to begin with, so this donation already is incredibly well positioned to generate opportunities across all fields,” says Prof. Albert Saiz.
Robert Olsen of Forbes profiles MIT alumnus Samuel Tak Lee, who recently made one of the largest gifts in MIT’s history to establish a real estate entrepreneurship lab. “Now that he’s achieved such success, he’s helping others to follow a similar path by supporting the schools he attended,” writes Olsen.
Inside Higher Ed reports on the $118 million gift from MIT alumnus Samuel Tak Lee that will be used to establish a real estate entrepreneurship lab at MIT. The gift, one of the largest in MIT’s history, is aimed at exploring sustainability and social responsibility in the field of real estate.
Jack Newsham writes for The Boston Globe about the new gift from MIT alumnus Samuel Tak Lee to “fund the study of sustainable real estate development” through the creation of a new lab at MIT. The lab will have a focus on China, “a country where the real estate sector is rapidly changing.”
A gift from alumnus Samuel Tak Lee will be used to establish a new MIT lab for sustainable real estate development, reports Chris Staiti of Bloomberg News. The gift will “help design a program that ties the study of real estate to 21st-century realities.”
One of the largest gifts in MIT's history will be used to “advance socially responsible and sustainable real estate, with a focus on China,” the Associated Press reports. The gift, from alumnus Samuel Tak Lee, will be used to establish a lab for sustainable real estate development, fund student fellowships, and put the lab’s curriculum online.