Not surprisingly, the business press is apoplectic over this announcement from the Chinese government banning for-profit tutoring tutoring and restricting foreign investment in the sector. But the new measures, intended to "to reduce burdens on students and family finances", have a reasonable justification: "schools should be responsible for student learning, rather than tutoring companies," said Chinese president Xi Jinping in June. "The out-of-school education industry has been 'severely hijacked by capital,' according to a separate article posted on the site of the Ministry of Education. 'That broke the nature of education as welfare.'" The newly non-profit companies are also prohibited from working children on weekends, holidays and vacation. The coverage I've seen in the media has focused almost exclusively on the loss of profits, with little analysis on the changes that will be felt by families and children. Image: Opera News.
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