Serageldin was selected to be a distinguished professor at the Emerging Markets Institute (EMI) of the Beijing Normal University (BNU), which is considered the third university in China (for the humanities) after Beijing University and Tsinghua University, where I am already a distinguished professor. There was a big festivity to celebrate the event with a large banner.
(see picture of Serageldin receiving the diploma of distinguished professor standing under the banner between the dean and the provost).