Financial Times perspective: How China is crushing its capitalists

"Education sector groups like Gaotu Techedu desperately restructure business models after regulatory assault," writes the Financial Times of London.
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Also "game over" is China's private education boom which has provided gainful employment to thousands of online tutors around the world, including many South Africans. The article republished below from the Financial Times of London highlights the risk of trying to be capitalist in a communist country. Or, as Sean Peche emphasises, for those investing into the Middle Kingdom. In a related story, exclusive to our partners at The Wall Street Journal, to make Beijing happy the recent NYSE new listing disaster Didi Global (China's Uber) is considering going private again. – Alec Hogg

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