China's after-school education industry was caught flat-footed after Beijing rolled out a policy in mid-2021 that outlawed most after-school classes for K-12 students in an effort to reduce inequality in education.
Caixin
New business, old risks for China's struggling tutoring industry
Schools face competition from tech companies and possible regulatory crackdown
Sales of "learning tablets" helped keep companies going after the crackdown on for-profit education.
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