China moves to reassure international investors and banks after EdTech crackdown

China’s market watchdog, the China Securities Regulatory Commission (CSRC), convened with representatives from global investment banks and investment firms on Wednesday evening in a bid to ease concerns after tough new restrictions on private education companies catalyzed a strong market sell-off. News of the meeting calmed markets which recovered part of their recent decline. As … Continue reading China moves to reassure international investors and banks after EdTech crackdown