Harrods retreats from Shanghai as private colleges face degree of reckoning
British retailer Harrods is pulling out of China, just five years after launching its luxury lifestyle brand in the market. Why is it leaving, and are other luxury brands going to follow? And university campus operator XJ International has been selling assets as college education loses its luster. Why are less Chinese interested in such secondary education these days?
New Oriental Eyes Chip Design, China Liberal Chases Higher Education
New moves by one of China’s oldest and one of its newest private educators reflect scramble to find new businesses after last year’s education cleanup Key Takeaways: New Oriental Education’s…
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