American universities, Dr. Altbach said, have "a special responsibility to make sure we live up to our own standards" in any overseas venture.
American universities, he said, had "a special responsibility to make sure we live up to our own standards" in any overseas venture.
Of course it's nonsense to exclude losses from a core business activity because it's conducted via an overseas joint venture.
This may be changing as overseas venture capital firms begin to take an interest in Asia as a whole.
In April, the government revealed that Lakshmi Mittal, the boss of ArcelorMittal and Britain's richest man, is looking to invest up to $10 billion in steel, iron ore, nickel and other projects.In March Guohua Electric Power Corporation, a subsidiary of China Shenhua Energy, China's top coal producer, received approval to develop a coal mine and power plant in Indonesia, its first overseas venture.
Last year, Dining Concepts opened Al Molo, an Italian restaurant in the Harbour City mall that is the first overseas venture of famed American chef Michael White.
The show's first overseas venture was in Hong Kong in 1998.
If completed, the deal would be the first significant overseas venture for Bharti Airtel.
The transaction is the biggest overseas venture yet for Bright Food, which bills itself as China's largest food products group, and it comes after a series of unsuccessful attempts at foreign acquisitions.
The existing pickup that this overseas venture will replace is now built in Japan.
It's snapped up properties including San Jose, California and Brisbane and Melbourne after announcing its first overseas venture in southern Malaysia in late 2013.
