NEW YORK, Dec. 7, 2017 - Jiang Feng, chairman of Shanghai International Studies University Council, speaks during the launching ceremony of Confucius Institute for Global Finance in Baruch College in New York, the United States, Dec. 6, 2017. Confucius Institute for Global Finance, the first of its kind in the United States, was launched on Wednesday in New York City. The institute is an extra-curricular, non-degree educational collaboration between Baruch College, Shanghai International Studies University and China's Confucius Institute Headquarters (Hanban).

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Mitchel B. Wallerstein, president of Baruch College, speaks during the launching ceremony of Confucius Institute for Global Finance in Baruch College in New York, the United States, Dec. 6, 2017.

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(From L to R) Mitchel B. Wallerstein, president of Baruch College, Jiang Feng, chairman of Shanghai International Studies University Council, Xinwei Sun, Chinese director of Confucius Institute for Global Finance, and Matthew LePere, American Director of Confucius Institute for Global Finance, pose for photos during the launching ceremony of Confucius Institute for Global Finance in Baruch College in New York, the United States, Dec. 6, 2017.

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