Wharton favors Shanghai for a third time

The Wharton School of the University of Pennsylvania kicked off its 53rd Wharton Global Forum on Friday in Shanghai – the only city in the world to have been picked as the venue for the forum for a third time.

The three-day event brings together an international group of Wharton alumni with leaders from business and academia to explore the most critical issues facing global businesses.

Participants are expected to learn from and interact with the world’s best business minds, discover the latest cutting-edge research and attend master classes taught by Wharton’s faculty.

“We used to come to China for the country’s vast market, but this time we come here also for innovation that has changed the country profoundly,” said Wharton Dean Geoffrey Garrett.

Shanghai was chosen as the host city for the forum due to the important role it plays in the global economy, Garrett said.