Consumer China
Private Education – a beacon promising success
- Published 02 Jun 2011
China’s highly competitive school system and job market drives demand for a whole host of private education niches, some of which are more compelling than others.
The business case remains robust for China's private education and training market – estimated by Deutsche Bank (DB:NYSE) research to be $61bn (Rmb 395bn, £37bn, €42bn) in size in 2009 – as students and parents aspire to succeed in a hugely competitive white-collar job market. Stories that skilled migrant workers and qualified babysitters now earn more than China's fresh faced graduates have only added to the impetus as students prepare themselves for overseas study or boost qualifications to increase their earnings potential.
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Other Articles on this Issue
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Financial China
Selected financial charts
Surging fee income spells big banking change
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Macro View
Anatomy of a slowdown
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The Big Call
Slowing land sales portend easing fixed-asset investment
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Consumer China
Xueda – expanding fast
New Oriental – climbing the value chain
ChinaEdu – fighting to boost sales
China Education Alliance – clawing back from fraud allegations
ATA – recruitment tests drive growth
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The Best of Chinese Commentators
Yum! bid for Little Sheep pending approval
How will the drought affect inflation?
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