The Exchange Magazine’s Morning Post website is hosting a June 13, 2012 news item about new funding for a joint partnership between the Waterloo Institute of Nanotechnology (WIN) and Soochow University Nanotechnology (SUN),

Major new research in nanotechnology, a joint initiative between the University of Waterloo and Soochow University in China, has received close to $1 million in funding.

The SUN-WIN Joint Institute of Nanotechnology is a partnership between the two universities. A fund from Suzhou Industrial Park and Soochow University provided ¥6 million (approximately $1 million) in total financing for 12 collaborative projects, each with lead investigators from the Waterloo Institute for Nanotechnology (WIN) and Soochow University Nanotechnology (SUN).

“The University of Waterloo and Soochow University are delighted to be partners in such cutting edge research,” said Feridun Hamdullahpur, president and vice-chancellor of Waterloo and Xuilin Zhu, president of Soochow University. “The fact that so many joint projects received critical funding confirms the strength of the collaboration and the significance of the research.”

Waterloo and Soochow signed a partnership agreement in nanotechnology in February [2011].

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The funded projects are in key theme areas of nanotechnology such as high-efficiency organic LEDs, thin nanocomposites as materials for lithium-ion batteries, and new nanostructured polymers for biomedical and chemical uses.

So, is all of the funding coming from China? What are the Chinese getting from this deal? Expertise from the Waterloo Institute of Nanotechnology?