New guideline aligns education with national goals, gives edtech startups fresh wayUntil China firmly cracked the whip on haphazard private-sector education in late July, not many among the business and investment communities engaged in the multibillion-dollar sector realized the joy ride on the gravy train, characterized by a cart-before-the-horse approach to market shares and bottom lines, cannot be an endless one, insiders said.
His childhood memories are filled with the aroma of Sunday gravy and the amusing scene of his Italian grandmother chasing him out of the kitchen with a hot spoon, he said.
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