On his recent trip to China, GLO President Klaus F. Zimmermann had reached Shanghai on October 28. There he met his local hosts at the Shanghai Lixin University of Accounting and Finance, Wenxuan Hou, Chair in Corporate Finance, University of Edinburgh Business School and Lixin University, and Yun Zhang, Associate Dean of the School of Finance, Lixin University. He was also warmly welcomed by the President of the University, Li Shiping. They discussed the perspectives of higher education and models of international collaboration. On October 29, Zimmermann provided a general lecture on the merits of global labor economics. The event was chaired by GLO Fellow Wenxuan Hou. China is the most mobile country of the world; it needs globalization to deal with the challenges of demographic change and security as well as the need of food and natural resources.