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A: "As one would expect with any regulatory overhaul of China, there was
A:"As one would expect with any regulatory overhaul of China, there was a distinct nationalist flavor to the new rules: among other things, they also ban the teaching of foreign curriculums, tighten scrutiny over the import of textbooks and forbid the hiring of foreign teachers outside of China -- a curb that could have severe consequences for startups like VIPKid that specialize in overseas tutors. The government also ordered local authorities to tighten approvals for companies providing training on extra-curriculum subjects."  Curbing of the no. of Chinese students fancy to study at Western Universities ...i.e. lowering of the education cost overall. It's funny Zero's comparison between Chinese real estate market (bubble) and education cost ... -- icnif77