A financially troubled Chinese real-estate developer has reneged on a major pledge to Harvard University, leaving a shortfall of millions of dollars for a major COVID-19 research effort involving hundreds of experts from academia and industry across Massachusetts.
This is the second multimillion-dollar gift to Harvard that China Evergrande Group has struggled to deliver in recent years, and it also follows a disappointing hospital venture that the company launched with Harvard-affiliated Brigham and Women’s Hospital.
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