China Bans For-Profit School Tutoring in Sweeping Overhaul

Bloomberg Markets and Finance published this video item, entitled “China Bans For-Profit School Tutoring in Sweeping Overhaul” – below is their description.

Jul.25 — The tutoring and education tech sector has become the latest target of China’s sweeping regulatory crackdown. Companies that teach school subjects can no longer make profits, raise capital or go public under the new rules. Bloomberg’s John Liu reports on “Bloomberg Daybreak: Asia.”

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