1/8 Friday night, a light thread on the most exclusive Chinese medical school, started by Americans 100 years ago. It’s a piece of US-China history I want my own kids to know. 
2/8 Like income inequality, China university resources are not as equal as in the US. There are top 2 universities (Peking U&Tsing Hua) that everyone agrees among top 2, with the rest vying for the third.
3/8 Peking Union Medical College协和. Each year it admits about 100 students, with 1-3 student from each of 31 provinces, except Beijing having a higher quota of 20. In 1993, My father said he would have gone crazy if I got in. He didn’t go crazy.
4/8 It was started by Rockefeller Foundation (RF). By 1933, the RF had spent over $37 million, more than in any other foreign country, and most of it had been spent on the PUMC. That’s $736Mil in today’s dollar, according to this #inflation calculator
in2013dollars.com/us/inflation/1…
in2013dollars.com/us/inflation/1…
5/8 Rockefeller’s grandson visited China 10 days after Nixon. His bank Chase National Bank is the first American bank that established formal relationship with Bank of China. When he passed away in 1997, @caixin has a memory article of him (in Chinses)
mp.weixin.qq.com/s?__biz=MzA5OT…
mp.weixin.qq.com/s?__biz=MzA5OT…
6/8 Several top medical schools/hospitals were started by missionary boards. This is another one in Sichuan, southwestern China. There are significant private equity capital flow into Biotech and health care currently. en.wikipedia.org/wiki/West_Chin…
7/8 There are people in China making a living by anti-US. Worse, many of them channel anti-US sentiment to sell shady financial products. In 100 years if humans are still alive, hope people like Rockefeller are remembered, not people like HuangSheng 黄生 in my previous tweet.
8/8 We will never know what drove Rockefeller to spend such significant money in China in 1920s. My understanding is his unyielding faith (devout Baptist) , in religion & in free market. I hope this is worth your weekend read. @RockefellerFdn For details, rockfound.rockarch.org/china-medical-…
@caixin Sorry! David Rockefeller passed away in 2017. I wish @Twitter starts a service of letting people correct a few words per tweet like the wechat subscription service, after tweet has gone public.
@threadreaderapp unroll #China #Healthcare #History #Medical #Education #Rockefeller #Foundation #Missionary #1920s #Peking #Union #Medical #College #协和
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