Chinese Tutoring Giants Set Sights on Overseas Expansion — Lin Xi

The Chinese people are such fanatics about educating their offspring that the Chinese government felt it needed to step in and give the kids a break by liming their exposure to both formal education (amount of homework) and informal education (after-school tutoring). 

Tutoring was a growth industry in China until the reforms curtailed it. It had already expanded outside mainland China and now the push is on to expand it further to make up for the market lost in China. It serves not only Chinese living abroad but other Asian, Asians in general tending to be obsessed with education in comparison with Western interest in it.

Education and health are key components of a nation's infrastructure. Infrastructure provides both a tangible foundation for national progress and also an intangible one in terms of the quality of human resources assessed on the basis of the ability to apply knowledge and skills and to grow. This constitutes labor as a factor of production versus capital and land.

If you are interested in education or China, this is an interesting article that takes only a couple of minutes to read.

Sixth Tone
Chinese Tutoring Giants Set Sights on Overseas Expansion

Lin Xi

See also

Here Comes China

IQ, China, and the Wealth of Nations
Godfree Roberts

See also

Russia is reinstating the Soviet educational system. The Bologna system is the system followed by European nations but not by the rest of the world, including the US, which has its own system.

Modern Diplomacy
Who is cutting ties with whom? Russia and the Bologna education system
Anna Kolotova, PhD in International Relations in Jilin University, China, postdoctoral fellow in Global Engagement Academy, Shandong University (Weihai), China

Also

The problem in the West is that the neoliberal trend away from the welfare state toward the market state has resulted in a deterioration of public purpose for the simple reason that neoliberalism denies the existence of public goods and holds that all goods are subject to the market process since it optimizes outcomes. The problem is that the definitive outcome in a market-based system is profit rather than actual results.

Lars P. Syll’s Blog
The Swedish for-profit ‘free school’ scandal
Lars P. Syll | Professor, Malmo University

Also

Marginal Revolution
Khan Academy Joins with OpenAI
Alex Tabarrok | Bartley J. Madden Chair in Economics at the Mercatus Center and Professor of Economics at George Mason University, and a research fellow with the Mercatus Center