EY-Parthenon featured in The Economist
The Economist cites EY-Parthenon data in a special edition article highlighting private education in China.
In the article, “Even in China, one-size education does not fit all,” The Economist highlights there are three varieties of private schooling in the country: schools focused on the end-of-school exam, bilingual schools preparing students for university abroad, and those focused on traditional Chinese culture.
10% of 6- to 18-year-olds in China are educated in private schools and 10% of private schools are bilingual, preparing students for university education abroad – according to EY-Parthenon findings, this is the fastest growing part of the market.
The article notes that a foreign university education is increasingly standard for the Chinese elite, with more than 600,000 Chinese students currently studying abroad.