Chinese education can't live with it, can't live without it. Or, at least, it seems from an investment point of view as capital floods into the sector and investors also fret about how best to nurture and grow their projects and eventually exit their investments under tight state supervision.
To paraphrase the Greek philosopher Aristotle Give me a child and I will show you the man or woman. So schooling is hardly an area where an authoritarian state like China would give private capital a free hand they don't usually in the 'capitalist' West either.
But it's not just that competition for the right...