China bans for-profit core subject tutors

By Samuel Shen
Updated July 24 2021 - 7:00am, first published 6:58am
Chinese educational reforms have triggered a heavy sell-off in shares of tutoring firms.
Chinese educational reforms have triggered a heavy sell-off in shares of tutoring firms.

China is barring tutoring for profit in core school subjects to ease financial pressures on families that have contributed to low birth rates, news that sent shockwaves through its vast private education sector and share prices plunging.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Muswellbrook news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.