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Nationalization Beats Extinction in China’s Education Sector

Simply two months in the past Beijing made the shock announcement that non-public firms providing faculty curricula can’t make a revenue or elevate outdoors capital. The news despatched shares of TAL, New Oriental Schooling & Know-how Group, and Gaotu Techedu Inc. tumbling. The coverage is a part of a broader initiative lead by President Xi Jinping geared toward easing the burden on mother and father, making a extra equitable society, and spurring households to have extra youngsters. 

https://www.washingtonpost.com/enterprise/nationalization-beats-extinction-in-chinas-education-sector/2021/09/07/2157b594-1030-11ec-baca-86b144fc8a2d_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Nationalization Beats Extinction in China’s Schooling Sector

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