Ma Yinchu was born in 1882 in Zhejiang, China. The son of a small business owner, he was inclined towards scholarship. After earning an undergraduate degree at Tianjin University, he studied at Yale, subsequently earning a PhD in economics and philosophy from Columbia University. He returned to China and helped found the Shanghai College of Commerce and the Chinese Economics Society.
While politically astute, Dr Ma’s ill-timed criticism of the Kuomintang government led to house arrest. However, upon the victory of Mao’s People’s Liberation Army in 1949, his career was revived. For the next decade, fortune smiled on Dr Ma through the patronage of his friend Zhou Enlai, Chairman Mao’s right-hand man. The Communist government appointed him president of Zhejiang University, and soon after he was appointed president of the prestigious Peking University.
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China plant ″grünen Umbau″ der Wirtschaft | Asien | DW
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(March 3): In just two decades, China sent people into space, built its own aircraft carrier and developed a stealth fighter jet. Now the world’s youngest superpower is setting out to prove its capabilities once more this time in semiconductors.
At stake is nothing less than the future of the world’s No. 2 economy. Beijing’s blueprint for chip supremacy is enshrined in a five-year economic vision to be unveiled during a summit of top leaders in the capital this week. It’s a multi-layered strategy both pragmatic and ambitious in scope, embracing aspirations to replace pivotal US suppliers and fend off Washington, while molding homegrown champions in emergent technologies.