When the legendary Deng Xiaoping, it will be recalled, took over the reins of power in Beijing in 1978, the Chinese economy, thanks to its closed economic system under the staunch autocrat in Mao Zedong until 1976, was in the doldrums. But it was the great vision of Xiaoping that had Chi open up to FDI in an untrammelled fashion so that its people could be in sync with changing economic times or imperatives. Chi became rich quite rapidly. There was great boost to infrastructure development – road, railways, aviation, industry, dams, entertainment et al. New shopping malls, avenues, hotels and restaurants, and parks had a rich and undeterred flourish. And not just this. Education became a high-priority area, with universities laying a never-seen-before thrust on research and development. No wonder then that Beijing University is now rated as one of the best in the world in terms of teaching, ingenious research and university-industry interface. It is unfortute that not even our much-celebrated IITs and IIMs match this university.