Instos still bullish on China despite edtech clampdown
Institutional investors are unfazed by the country's latest round of regulatory changes, saying they will focus on new sectors within it rather than reduce their overall exposure.
Beijing's newly announced education sector reforms, which limit foreign investor involvement in so-called edtech companies, may have come as a surprise. But asset owners, fund managers and consultants believes the far-reaching rules changes will not reduce the overall appeal of China as an investment destination.
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