TOKYO -- As Japanese universities fall further in global rankings, the government is launching a new 10 trillion yen ($91 billion) endowment fund designed to help them better compete with top institutions around the world.
Just two Japanese universities made the top 200 in the World University Rankings 2021 compiled by British magazine Times Higher Education last year: the University of Tokyo at 36th and Kyoto University at 54th. China's Tsinghua University was the top-ranked Asian institution at 20th.
