China will bar for-profit after-school tutoring in core school subjects in a harsher-than-expected crackdown on its vast private education sector, according to a government document widely circulated on Friday and verified by sources.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com