Every year, Peking University (PKU) has approximately 2,000 international students studying on the Beijing campus and about 50 at the Peking University HSBC Business School, located at the Shenzhen Campus. Its international students are made up of students from most countries in the world including most of Western Europe, North America, and South America; all parts of Asia; Australia; and many countries in Africa. Peking University places great importance on academic exchange and cooperation with foreign universities, research institutes and multinational enterprises. The university has signed agreements with more than 200 universities in 50 countries and regions. In 2005, Peking University and Cornell University signed an agreement formally establishing the China and Asia-Pacific Studies major at Cornell. One year later, Peking University launched a joint undergraduate program with Yale University; students will spend a semester overseas, living and studying together with the host institute's students. Peking University's School of International Studies also launched joint degree programs with London School of Economics, Waseda University, Seoul National University, and the University of Tokyo. Peking University also has a longstanding relationship with Stanford University, which operates a joint research center and base for Stanford students and scholars at the Stanford Center at Peking University.
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