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Wisconsin Hosts China Investment Promotion Agency
FirstPathway Partners was duly honored to host the Investment Promotion Agency Delegation of the Peoples Republic of China (CIPA) Thursday, April 30.
An estimated 90 invited guests were in attendance for the luncheon featuring distinguished guests Zhang Yingxin, Vice Director General of the CIPA, Secretary Richard Leinenkugel, and Director Mary Regal of The Wisconsin Department of Commerce.
Event hosts included FirstPathway Partners, Foley & Lardner, the MMAC, the Wisconsin Department of Commerce and the Milwaukee Department of City Development.
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US Colleges Bask in Surge Of Interest Among Chinese
Recently the Washington Post shed light on a developing trend: Chinese students capitalizing on one of the greatest most innovative higher education systems in the word - That of the US. The article cites increasing wealth, fewer delays in obtaining visas and technology as budding forces.
According to the Institute of International Education the number of Chinese undergraduates in the US grew by 43% last year alone. However growth is not a problem for US Universities; Chinese applicants are celebrated for their outstanding test scores, remarkable grades and rigorous academic preparation.
It seems admissions agents aren't the only ones noting the shift. Rigorous competition has even spurred a new industry, the sale of advice, booklets, recommendations and even essays to Chinese applicants. "We get these absolutely stunningly beautiful booklets," said one director of international admissions. Some are like coffee-table books, he said, with photos worthy of National Geographic.
Universities reserve only a fraction of total admissions for international students. With higher quantities of local students admitted, I think another option in this competitive market might soon be EB5. Students under EB5 may even qualify for instate tuition. Read the Washington Post Article |