The Impact of Private Tutoring on the Chinese Economy

The Chinese government is now very focused on the new generation. They are expanding the service sector where many of these highly educated people can be absorbed more than manufacturing sectors. The common prosperity policies which includes trying to crack down on technology and education sectors, had severe consequences on the economy. But by designing intention, they were trying to make the society more harmonious, less competitive. This is where they said, who was overnight, private tutoring illegal? Why was that done? Because they felt too much money and too much pressure on people? Too much pressure on the kids, overburdened by tutorials. It's a race to the bottom because everybody spends to have more tutorials and that doesn