Higher education systems are in a constant state of change nearly everywhere. In particular, the changes in the socio-economic context caused by the impact of globalization have inevitably led to changes to the university sector. Since capitalism has generated new global infrastructures that information technology has played an increasingly important role in the global economy, the popularity and prominence of information technology has unquestionably changed the nature of knowledge, and is currently restructuring higher education, research and learning. It is in such a wider policy context that an increasing number of institutions of higher learning are being established with new missions and innovative configurations of training, serving populations that previously had little access to higher education. Apart from accommodating a larger number of students, higher education institutions are required to improve their administrative efficiency and accountability in response to the demands of different stakeholders like government, business, industry, and labour organizations, students and parents as well. The present paper reflects upon the impacts of globalization on national policy, with particular reference to examine how the higher education sector in the Greater China, namely the three Chinese societies Hong Kong, Taiwan and Mainland China, has been transformed under the increasingly popular / global tide of marketization and decentralization. More specifically, this paper sets out in this wider policy context to compare and contrast the similarities and differences in terms of the coping strategies that these Chinese societies have adopted in response to the growing impact of globalization, with particular attention given to multiple variables derived from both internally, regionally and globally that have shaped higher education policies and recent reform initiatives in these Chinese societies.