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> Once regarded as a sure-fire way for aspiring children (and parents) to get ahead, after-school tutoring is now viewed as an impediment to one of Xi Jinping’s

> Once regarded as a sure-fire way for aspiring children (and parents) to get ahead, after-school tutoring is now viewed as an impediment to one of Xi Jinping’s top priorities: boosting a declining birth rate. I'd like to know where this explanation is coming from. Is that something that the CCP actually stated somewhere, or is the the author assuming?

taobaobao 5y ago
The reasons for the private tutoring curb do seem to be somewhat legitimate. So: Declining birth rate is definitely a major metric that the Chinese government is secretly watching closely. There are reports that Beijing is hiding all birth rates by region https://www.reddit.com/r/China/comments/mritl5/breaking_xinj https://www.reddit.com/r/China/comments/mritl5/breaking_xinj.... Also, Nikkei reports that newborns are down 18% y/y https://asia.nikkei.com/Economy/China-s-population-growth-sl https://asia.nikkei.com/Economy/China-s-population-growth-sl.... And the recent government relaxation to 3 kids have been mocked by the netizens in China as pointless. IMO, China will not be able to reduce falling birth rate with any government policies, since most families have been indoctrinated with 1-child policy for decades. Attack on private tech companies The attacks on Alibaba, Tencent, Didi and others are two fold: to reduce individuals power within the CCP controlled economy, and to remove their potential to list abroad so as to reduce capital outflow. The trend is for these Chinese tech companies to weaken in the upcoming decades. Something that wasn't mentioned in the article, but warrants a strong mention. Reduce free thinkings. The Chinese government have been introducing mao-era communist party thinkings into public schools. (or brainwash, whichever). The shutting down of private schools will enable the public schools to exert even more power on the kids. This is also in line with the Chinese government shutting down mosques and churches in recent times. Also something else bears mentioning in the context of this: Chinese government is actively reducing the number of uyghur births. https://www.bbc.com/news/world-asia-china-57383548 https://www.bbc.com/news/world-asia-china-57383548.
- ProjectArcturis 5y ago
  Wouldn't Chinese companies listing in New York improve capital flow to China? Presumably listing in a foreign country would draw more investment from that country for that company.
  - taobaobao 5y ago
    https://min.news/en/economy/5f738570ea789b8dc941cf91738609aa.html https://min.news/en/economy/5f738570ea789b8dc941cf91738609aa... tl;dr Once the U.S. listing is successful, the investor's return is in U.S. dollars. If funds return to China, they will enjoy various preferential treatments for overseas capital. Of course, it is also possible not to return to China and to be divided among the bigwigs hidden in investment institutions. Therefore, overseas listing for cash is an important way of capital outflow. Incidently, the recent bitcoin shutdown by the Chinese government is also partly due to capital outflow concerns
  - Ericson2314 5y ago
    Stock market moves money net out of the corporate sector. The deal is, after all, IPO money now, dividends and buybacks forever.
ailun 5y ago
The official release does mention reducing anxiety and costs for parents, and you can see how the birth rate goal makes sense, but it does seem to be more about student welfare. At least, the release doesn’t mention the birth rate that I can see, but I wouldn’t really expect it to. Link in Chinese: https://tinyurl.com/5nu8kebn https://tinyurl.com/5nu8kebn
- hkmaxpro 5y ago
  It’s mentioned in another document. See my comment https://news.ycombinator.com/item?id=27957141 https://news.ycombinator.com/item?id=27957141
hkmaxpro 5y ago
In their official document on population growth [0], their policies include “将学生参加课外培训频次、费用等情况纳入教育督导体系。平衡家庭和学校教育负担，严格规范校外培训”. (We will monitor the frequencies and fees of extracurricular tutoring for students. In order to balance the educational cost on families and schools, we will strictly govern out-of-school tutoring.) [0] http://www.gov.cn/zhengce/2021-07/20/content_5626190.htm http://www.gov.cn/zhengce/2021-07/20/content_5626190.htm

taobaobao 5y ago

The reasons for the private tutoring curb do seem to be somewhat legitimate. So: Declining birth rate is definitely a major metric that the Chinese government is secretly watching closely. There are reports that Beijing is hiding all birth rates by region https://www.reddit.com/r/China/comments/mritl5/breaking_xinj https://www.reddit.com/r/China/comments/mritl5/breaking_xinj.... Also, Nikkei reports that newborns are down 18% y/y https://asia.nikkei.com/Economy/China-s-population-growth-sl https://asia.nikkei.com/Economy/China-s-population-growth-sl.... And the recent government relaxation to 3 kids have been mocked by the netizens in China as pointless. IMO, China will not be able to reduce falling birth rate with any government policies, since most families have been indoctrinated with 1-child policy for decades. Attack on private tech companies The attacks on Alibaba, Tencent, Didi and others are two fold: to reduce individuals power within the CCP controlled economy, and to remove their potential to list abroad so as to reduce capital outflow. The trend is for these Chinese tech companies to weaken in the upcoming decades. Something that wasn't mentioned in the article, but warrants a strong mention. Reduce free thinkings. The Chinese government have been introducing mao-era communist party thinkings into public schools. (or brainwash, whichever). The shutting down of private schools will enable the public schools to exert even more power on the kids. This is also in line with the Chinese government shutting down mosques and churches in recent times. Also something else bears mentioning in the context of this: Chinese government is actively reducing the number of uyghur births. https://www.bbc.com/news/world-asia-china-57383548 https://www.bbc.com/news/world-asia-china-57383548.

ProjectArcturis 5y ago
Wouldn't Chinese companies listing in New York improve capital flow to China? Presumably listing in a foreign country would draw more investment from that country for that company.
- taobaobao 5y ago
  https://min.news/en/economy/5f738570ea789b8dc941cf91738609aa.html https://min.news/en/economy/5f738570ea789b8dc941cf91738609aa... tl;dr Once the U.S. listing is successful, the investor's return is in U.S. dollars. If funds return to China, they will enjoy various preferential treatments for overseas capital. Of course, it is also possible not to return to China and to be divided among the bigwigs hidden in investment institutions. Therefore, overseas listing for cash is an important way of capital outflow. Incidently, the recent bitcoin shutdown by the Chinese government is also partly due to capital outflow concerns
- Ericson2314 5y ago
  Stock market moves money net out of the corporate sector. The deal is, after all, IPO money now, dividends and buybacks forever.

ailun 5y ago

The official release does mention reducing anxiety and costs for parents, and you can see how the birth rate goal makes sense, but it does seem to be more about student welfare. At least, the release doesn’t mention the birth rate that I can see, but I wouldn’t really expect it to. Link in Chinese: https://tinyurl.com/5nu8kebn https://tinyurl.com/5nu8kebn

hkmaxpro 5y ago
It’s mentioned in another document. See my comment https://news.ycombinator.com/item?id=27957141 https://news.ycombinator.com/item?id=27957141

hkmaxpro 5y ago

In their official document on population growth [0], their policies include “将学生参加课外培训频次、费用等情况纳入教育督导体系。平衡家庭和学校教育负担，严格规范校外培训”. (We will monitor the frequencies and fees of extracurricular tutoring for students. In order to balance the educational cost on families and schools, we will strictly govern out-of-school tutoring.) [0] http://www.gov.cn/zhengce/2021-07/20/content_5626190.htm http://www.gov.cn/zhengce/2021-07/20/content_5626190.htm