China's TAL Education expects hit from new private tutoring rules

China's TAL Education expects hit from new private tutoring rules

FILE PHOTO: Children leave a school in the Shekou area of Shenzhen, Guangdong province, China, April 20, 2021. REUTERS/David Kirton/File Photo

China’s TAL Education Group said on Sunday that its operations and business prospects could take a hit as a result of Beijing barring for-profit tutoring in core school subjects to ease financial pressures on families.

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