A look into Cheung Kong, China’s most elitist and expensive business school

Asia Pacific Watch - November 26, 2012

In their latest recruitment ad, Cheung Kong Graduate Business School says, ‘The Business School that Best Understands China’. As the most expensive business school in China, Cheung Kong’s EMBA programs enroll only three types of students: government officials, entrepreneurs, celebrities.  Public curiosity over Cheung Kong started from the gossip column. 61-year-old Wang Shi, owner of China’s largest real estate developer Vanke and one of the country’s best-known entrepreneurs, has reportedly divorced his wife after 30 years’ marriage and fallen in love with an actress 30 years his junior. The news was first broken on Sina Weibo, the country’s most vibrant social media site, by numerous verified users, and immediately spread like wildfire. Within two days, the posts were shared over 45,000 times.  The relationship, on which neither Wang Shi or Tian Pujun, the actress, publicly commented, received harsh judgment from Chinese netizens. For one thing, May-December romance seldom receives any blessing in China, as in this case, Chinese love to presume that Wang is a lustful cradle robber and Tian is a gold digger. For another, with aversion for mistresses and marital infidelity getting increasingly ferocious in China, Tian is publicly accused of being the reason for destroying their marriage.  Evidence? Wang Shi and Tian Pujun apparently met at the Cheung Kong Graduate School of Business a few years ago.    

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