One of China’s biggest startups is a $3 billion education company — here’s why education is such a big business in China
Business Insider -

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One of the hottest sectors in the Chinese technology industry is education tech. Online English-tutoring is expected to grow to an $8 billion business by next year.

Education technology is such a big business in China because families are willing to invest more than a third of their income into their children's education, according to Dr. Zhang Weining, an associate professor at Cheung Kong Graduate School of Business.

Chinese society places an extremely high value on...

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