China’s Tutoring Crackdown Sends Fortunes Of Education Billionaires Into Nosedive

Chinese authorities have ramped up their crackdown on after-school tutoring companies by unveiling a new set of sweeping regulations that bans them from making profits and raising capital from overseas markets.
Chinese authorities have ramped up their crackdown on after-school tutoring companies by unveiling a new set of sweeping regulations that bans them from making profits and raising capital from overseas markets.