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Silver and Gold Prices Rally; Stocks Hold Near Records The Wall Street JournalGold is set for its best year since Jimmy Carter was president CNNWhy gold went through the roof this year—and why its price may have been raised permanently FortuneGold and Silver Smash Records Again as Rally Gathers Momentum Yahoo FinanceGold hits record high on safe-haven demand, Fed rate-cut bets Reuters
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EARLIER this month Peking University played host to perhaps the grandest global gathering ever of the higher-education business. Senior figures from the world's most famous universities—Harvard and Yale, Oxford and Cambridge among them—enjoyed or endured a two-hour opening ceremony followed by a packed programme of mandatory cultural events interspersed with speeches lauding "Xi Jinping thought". The party was thrown to celebrate Peking University's 120th birthday—and, less explicitly, China's success in a race that started 20 years ago.
In May 1998 Jiang Zemin, China's president at the time, announced Project 985, named for the year and the month. Its purpose was to create world-class universities. Nian Cai Liu, a professor of polymeric materials science and engineering at Shanghai Jiao Tong University, got swept up in this initiative. "I asked myself many questions, including: what is the definition of and criteria for a world-class university? What are the positions...Continue reading
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