CHINA: Building of Sino-American university underway

The Chinese economic hub of Shanghai began construction of the New York University Shanghai (NYU Shanghai) last week, the first university jointly operated by China and the United States, reports Xinhuanet.

NYU Shanghai is an independent entity authorised to grant degrees. New York University and the Shanghai-based East China Normal University (ECNU) will operate the institution. The campus, located in the Lujiazui financial and trade zone in Shanghai's Pudong New Area, is expected to greet the first group of undergraduates, most of them Chinese, in 2013, said Yu Lizhong, president of ECNU.

NYU President John Sexton estimated that the university would accommodate about 3,000 Chinese and international students in the future, two thirds of whom would be undergraduates. The establishment of NYU Shanghai is part of NYU's plan to build itself into a 'global network university'. It has opened campuses in London and Abu Dhabi.
Full report on the Xinhuanet site