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.

Source: https://www.forbes.com/sites/ywang/2021/07/25/chinas-tutoring-crackdown-sends-fortunes-of-education-billionaires-into-nosedive/

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