Yu Minhong, founder of New Oriental Education & Technology Group, attends a forum at the fifth World Internet Conference in Wuzhen, Zhejiang province, on November 8, 2018. Photo: Reuters
Yu Minhong, founder of New Oriental Education & Technology Group, attends a forum at the fifth World Internet Conference in Wuzhen, Zhejiang province, on November 8, 2018. Photo: Reuters

China’s private tutoring guru closes 1,500 of New Oriental schools amid Beijing crackdown

  • Yu Minhong, founder of New Oriental, announced that the company will start selling farm produce after closing its after-school tutoring business
  • The State Council issued sweeping new regulations in July that banned private tutoring centres from making profits by teaching school subjects

Topic |   China education
Yu Minhong, founder of New Oriental Education & Technology Group, attends a forum at the fifth World Internet Conference in Wuzhen, Zhejiang province, on November 8, 2018. Photo: Reuters
Yu Minhong, founder of New Oriental Education & Technology Group, attends a forum at the fifth World Internet Conference in Wuzhen, Zhejiang province, on November 8, 2018. Photo: Reuters
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