But overall, the announcement is the latest ramping up of higher education's MOOC experiment, which launched in earnest barelyayearago as a way to sample elite college courses.
This has come as a huge relief to chief financial officers, who barelyayearago were having to make do without a fully functioning market for commercial paper (short-term loans to finance operating expenses).
The stockmarket is still at only half its 2007 peak and, although house prices have risen sharply this year in Shanghai and Shenzhen, the nationwide average is barely higher than it was ayearago.
Sandoz recently reported that its sales in the six biggest such markets were 14% higher in the first half than they were ayearago, while sales in Europe edged up by barely 3%.