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China/Global Investors – Investors in China’s $100bn private education business are stuck (Bloomberg, Al Jazeera)

Lulu Yilun Chen writes: Global investors from Tiger Global Management to Temasek Holdings Pte are reeling after China imposed the harshest curbs yet on its $100 billion private tutoring and online education sector. China on Saturday ordered companies that offer tutoring on the school curriculum to go non-profit, potentially wiping out a big chunk of the billions that private equity and venture capital funds have staked on a once red-hot sector.

go to Al Jazeera: Investors in China’s $100bn private education business are stuck | Business and Economy News | Al Jazeera