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Private schools rethink China future after flunking growth test

November 8, 2023
Source: reuters.com reuters.com
News Snapshot:
Students stand at a school during a flag-lowering ceremony on the first day of the new academic year in Shanghai, China, September 1, 2021. REUTERS/Aly Song Acquire Licensing Rights HONG KONG, Nov 8 (Reuters) - Some shareholders of Dulwich College International are in talks for a sale of the British school's China-heavy Asia operations, two sources said, in the latest indication of how turmoil in China's $570 billion education industry is forcing overhauls at institutions. Dozens of international and private schools in China are closing or merging, industry executives said, weighed down by tighter regulation, a slowing economy and dwindling...
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