China’s education market reshuffles under the “Double Reduction” Policy

Within a month, three renowned education companies have announced or filed for bankruptcy, including the well-known local brand Juren Education, the Italian Wall Street English, and the British Holland Park Tuition & Education Consultants. The past year has been tough for most education companies after classes have been cancelled or moved online due to the pandemic, the “Double Reduction” Policy from the government seems to … Continue reading China’s education market reshuffles under the “Double Reduction” Policy