One of China's top universities, Peeking University, will open its new campus in Foxcombe Hall, Oxford, next year. The higher education is now taking a whole new level in the UK, trying to internationalize itself as much as possible. Students will be able to attend a leading business school in Oxford. The Chinese financial magazine Caixin claims that that the campus is a branch of Peking University's Beijing HSBC Business School. The building that will be altered into a campus was purchased by the university for £8.8m.

This new campus could act as an opportunity for Asian students to study abroad, yet benefit from receiving a familiar syllabus from this Business School. Chinese officials mentioned that the school aims at lecturing their students on "professional knowledge of China's economy, financial market and corporate management."

In the most recent Times Higher Education Best Asia Universities rankings, Peking University was ranked second. Numerous British universities are now considering opening some branches in Asia, such as the University of Leicester, which announced last month the opening of its campus in mainland China. The British Council, that supports the initiative at hand, stated that this is a good leap for the UK's post-Brexit reputation.