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Beijing welcomes scholars funded by U.S. tycoon

Members of the Schwarzman Scholars line up for a group photo before a ceremony to officially open the scholar program at Tsinghua University in Beijing, Saturday, Sept. 10, 2016. A new scholarship program intended to rival the prestigious Rhodes Scholarships and build understanding between China and the world opened its doors at Beijing's prestigious Tsinghua University on Saturday. (AP Photo/Mark Schiefelbein)
Members of the Schwarzman Scholars line up for a group photo before a ceremony to officially open the scholar program at Tsinghua University in Beijing, Saturday, Sept. 10, 2016. A new scholarship program intended to rival the prestigious Rhodes Scholarships and build understanding between China and the world opened its doors at Beijing's prestigious Tsinghua University on Saturday. (AP Photo/Mark Schiefelbein)Mark Schiefelbein/Associated Press

BEIJING — A new scholarship program intended to rival the prestigious Rhodes Scholarships and build understanding between China and the world opened at Beijing’s prestigious Tsinghua University on Saturday.

The program, founded by Wall Street tycoon Stephen Schwarzman, covers all expenses for students in a one-year master’s degree program that will also emphasize cultural immersion, travel around China, and efforts to grasp and understand the world’s second-largest economy and rising superpower.

Chosen from more than 3,000 applicants, the 110 Schwarzman Scholars represent 32 countries, with 44 percent from the United States and 21 percent from China. The program hopes to eventually provide support for as many as 200 scholars yearly.

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In an interview, Schwarzman said the program had sought students who were not just talented, but also creative and insightful, with strong leadership and communications skills. Drawn from the sciences, business and even the military, they will go on to be “people of influence” who can explain China to the world and the world to China, he said.

“In a world of populism and strong views on the Internet, there need to be people who can explain such complex issues,” Schwarzman said.

Launched in 2013, the program has drawn support from the top ranks of the ruling Communist Party, one reason Schwarzman said he wasn’t concerned about possible infringements on academic freedom. Chinese universities remain strictly limited in what they can teach and discuss in areas such as politics and history, and President Xi Jinping’s government has redoubled calls to rid classrooms and textbooks of the influence of universal values and Western concepts of human rights and participatory democracy.

The Schwarzman scholarship program aims for an endowment of $450 million, of which $200 million already has been raised from private sources, including a $100 million gift from Schwarzman, a co-founder of the private equity Blackstone Group.

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Students will live in the Schwarzman College, a building designed by Robert A.M. Stern, dean of Yale University’s architecture school.

Members of the program’s advisory board include former British Prime Minister Tony Blair, former French President Nicolas Sarkozy and ex-Australian Prime Minister Kevin Rudd. Former secretaries of state Colin Powell, Condoleezza Rice and Henry Kissinger also sit on the board, along with acclaimed cellist Yo-Yo Ma.