China's 'Father of the Euro' university to open

It was announced on Thursday 28 October that the recently established Mundell International University of Entrepreneurship will open in November.

The university is named after Nobel Laureate Robert A Mundell and is located in the Zhongguancun area, known as the "Silicon Valley of China". It is the first university designed to foster entrepreneurs in China.

Mundell will be an honorary president of the university, alongside Xu Jialu, vice-chairman of the Standing Committee of the Chinese National