Running for cover

“We did so out of recognition that we faced significant exposure to the China market and that a political or a public health event beyond our control could lead to a decline in students and revenues”


Jeffrey Brown, dean of the Gies College of Business at the University of Illinois at Urbana-Champaign, tells the Financial Times that the school has taken out an insurance policy that is triggered by falls of 18.5% or more in revenues from Chinese students. Enrolments are down because of US government visa denials (for more on this topic see page 19).

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