Global EditionASIA 中文雙語Fran?ais
    China
    Home / China / Education

    Wealthy pay millions to put kids in college

    By ZOU SHUO | China Daily | Updated: 2019-05-06 07:06
    Share
    Share - WeChat

    Billionaire denies influence-peddling, says donation a personal, family matter

    A college admissions cheating scheme in the United States has triggered widespread discussion among Chinese netizens during the four-day May Day holiday after it was reported that a wealthy family paid $6.5 million to assure their daughter's admission to Stanford University.

    Billionaire Zhao Tao, 52, president and co-founder of Shandong Buchang Pharmaceuticals, a company that specializes in traditional Chinese medicine to fight cardiovascular disease, reportedly funneled money to William Rick Singer, the admissions consultant who is at the center of the explosive case brought by US federal prosecutors.

    The executive's daughter, Zhao Yusi, also known as Molly Zhao, got a spot at Stanford University by presenting herself as a recruit for the school's sailing team. The price was $6.5 million, according to the Los Angeles Times.

    Zhao's mother, identified as Mrs Zhao in a statement delivered through her attorney, said the family gave $6.5 million to Singer for the school's scholarship fund and other purposes.

    She said she sought college advisory services from him because she was not familiar with the admission process for colleges in the United States.

    After the daughter was admitted to Stanford, Singer asked her for a donation to the university through his foundation. Singer said the donation was to pay the salaries of academic staff, scholarships, athletic programs and financial aid for students who otherwise would not be able to afford Stanford.

    In a 2017 video posted on the Chinese video platform Douyu, which went viral after the scandal was revealed, Zhao Yusi said she had been admitted to Stanford through her own "hard work".

    "Some people think, Didn't you get into Stanford because your family is rich?" she said, while offering viewers advice on getting into prestigious US universities. "It wasn't like that. The admissions officers have no idea who you are."

    Zhao Tao responded to media reports with a statement released on his company's website on Friday.

    "My daughter's studies in the US are a personal and family issue" and has no ties to Shandong Buchang Pharmaceuticals, it said. "My daughter's US university tuition has no relation to the company, which has not influenced the matter in any way."

    In March, Stanford University suspended Zhao Yusi, a second-year student. Sherry Guo, another Chinese student caught up in the scandal, was expelled from Yale University after it emerged that her family paid $1.2 million to Singer to get her admitted. Like the Zhaos, neither Guo nor her family faced charges over the incident.

    Forbes estimated that the personal wealth of Zhao Tao, a naturalized Singaporean citizen, is $1.8 billion.

    Shandong Buchang Pharmaceuticals was listed on the Shanghai Stock Exchange in November 2016. The company made a net profit of 1.89 billion yuan ($280 million) last year, up 15 percent year-on-year.

    In 2017, there were more than 363,000 Chinese students enrolled in universities in the United States, more than one-third of all international students, according to the Institute of International Education, a nonprofit organization in New York.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
     
    极品粉嫩嫩模大尺度无码视频| 色综合久久精品中文字幕首页| 亚洲一区精品中文字幕| 久久精品无码专区免费青青| 中文字幕一区二区三区日韩精品| 亚洲 无码 在线 专区| 色欲A∨无码蜜臀AV免费播| 中文字幕亚洲精品无码| 久久亚洲精精品中文字幕| 久久久久久亚洲精品无码| 亚洲AV无码1区2区久久| 国产成人无码av| 7国产欧美日韩综合天堂中文久久久久| 日韩av片无码一区二区三区不卡| 无码精品人妻一区二区三区人妻斩 | 免费精品久久久久久中文字幕| 人妻无码中文字幕免费视频蜜桃| 特级无码毛片免费视频尤物| 国产在线拍偷自揄拍无码| 国产高清中文欧美| 最好看的中文字幕2019免费| √天堂中文官网在线| 亚洲日韩中文无码久久| 欧美日韩中文国产一区发布| 无码精品第一页| 亚洲AV无码一区二区大桥未久 | 无码人妻久久一区二区三区| 国产色无码专区在线观看| 中文字幕国产| 久久亚洲AV成人无码软件| 日韩人妻无码一区二区三区久久99 | 超清无码一区二区三区| 国产在线精品无码二区| 国产成人亚洲综合无码精品 | 久久人妻少妇嫩草AV无码专区 | 无码精品一区二区三区免费视频| 人妻丝袜中文无码av影音先锋专区 | 亚洲AV永久无码一区二区三区| 无码人妻丰满熟妇啪啪| 最新中文字幕AV无码不卡| 日本免费中文视频|