China Newsbase
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The China News Database was last updated at 08:27AM on December 31, 2023.
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15 articles matching the search query.
China’s private tutoring firms can’t catch a break
A new set of rules for education and tutoring companies brings no respite for the once-booming sector, which has been suffering since a government crackdown began in 2021.
Editor’s note for Friday, January 14, 2022
A note for Access newsletter readers from Jeremy Goldkorn. Today: A COVID shakedown in Henan; Chinese parents find workarounds for restrictions on tutoring; China’s impending Golden Tax IV system is causing anxiety in the business community; Evergrande’s domestic bondholders agree to a six-month reprieve; Chinese exports continue to boom; America and China are one military accident away from disaster.
What will happen to private tutoring? New Oriental’s 2022 game plan
New Oriental Education ($EDU), the largest Chinese tutor on the block, recently posted a year-end summary: Revenues in 2021 decreased by 80%; 60,000 employees were dismissed; and the company lost 20 billion yuan ($3 billion) through such expenses as tuition refunds and severance pay.
Bad news, Beijing kids: Tutoring is back, and it’s free for everybody
Following government moves aimed at ending inequality in education, the Beijing government is trying to make sure the children of the rich don’t get ahead with private lessons by giving away after-school tutoring classes for free.
Top tutoring firms give up on K-9 classes
A story from the The China Project A.M. newsletter. Sign up for free here.
After crackdowns, Beijing to issue licenses to resume after-school tutoring
A story from the The China Project A.M. newsletter. Sign up for free here.
Editor’s note for Monday, October 25, 2021
A note for Access newsletter readers from Jeremy Goldkorn. Today: Beijing continues to reshape its education sector, especially tutoring; John Oliver highlights Taiwan’s strange and awkward international position; the AP reports on Chinese squid fishing vessels near South America.
Tutoring crackdown: Beijing steps in to broker refunds on behalf of parents
After Beijing banned for-profit tutoring, parents asked for their money back. Now the government is stepping in to ensure they can actually get it.
Government memo hints at the kind of tutoring Beijing wants
A story from the The China Project A.M. newsletter. Sign up for free here.
OneSmart goes bankrupt as the tutoring ban moves forward
A story from the The China Project A.M. newsletter. Sign up for free here.
After video game ban, Chinese kids turn to Douyin and livestreaming gamers
The Chinese government has restricted under 18s to only three hours of video games per week, and gaming companies are enforcing the rules. So instead of playing games, kids are watching other people play them.
Tutoring crackdown: Parents and employees line up outside OneSmart, demand repayment
Another Chinese for-profit after-school tutoring company is in trouble after Beijing’s blanket ban on the industry.
‘Nannies’ who happen to teach: China cracks down on loopholes in private tutoring ban
After China banned companies from making a profit by selling after school tutoring services, well-off parents and tutors quickly found ways to get around the regulations. But the Ministry of Education is on the case.
Barred from tutoring children, Chinese test-prep giant wants to educate parents
Maybe the lesson we’ll learn about China’s great tech and education business crackdown of the summer of 2021 is that you can never put an entrepreneurial company down: New Oriental, China’s original scrappy education startup, is down but very far from out.
China’s after-school tutoring crackdown goes nuclear
New draft rules circulated today would force China’s private education companies to turn nonprofit. Share prices of tutoring companies plummeted, and some see the end of a highly lucrative industry.
