Reuters ahead with exclusive news on China’s private tutoring crackdown

Last Updated on 31/07/2021 by


Human Interest

On Friday, China released sweeping new rules barring for-profit tutoring in core school subjects in an effort to ease financial pressures on families that have contributed to low birth rates. The news sent shockwaves through China’s $120 billion private tutoring industry and triggered a massive sell-off in company shares, with some of the stocks falling more than 60% in a day. However, Reuters has kept clients and readers well ahead, exclusively flagging the plans for a crackdown back in May, as well as revealing the tougher rules being framed for the sector in a June report. Shares in leading Chinese private education companies dropped after both Reuters scoops, which also led to research reports by leading brokerages at that time. 

Article Tags

Topics of Interest: Human Interest

Type: Reuters Best

Sectors: Education ServicesEquities

Regions: Asia

Countries: China

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story



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