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intheitmines a day ago

See also Chinese companies buying UK private schools and closing them down

Original: https://www.telegraph.co.uk/news/2026/07/02/chinese-company-...

https://archive.is/dRQsB#selection-2155.4-2155.79

Choice quote from the article

  Mike Parker, the school’s director of marketing, wrote on LinkedIn: “Whatever you read, this isn’t a VAT story. It isn’t a ‘falling rolls, unstoppable decline’ story. The truth is deeper and more complex and, eventually, the truth will out.”
crote 20 hours ago | parent | next [-]

Sounds like classic private equity, no? Buy it, sell off all the valuable parts, close it down, repeat.

Who needs the Chinese to ruin your country when your own people will happily kill successful companies for the tiniest scrap of profit?

nradov a day ago | parent | prev | next [-]

I don't know what happened in that particular case but worldwide declining birth rates will inevitably force many schools to close.

nephihaha a day ago | parent | prev [-]

UK private schools spent decades ingratiating themselves to Eastern European gangsters, Arab tyrants and the scions of Asian oligarchs probably including CCP kids. China-pandering has also undermined university education, although the individual Chinese students tend 5o be okay.

I suppose you reap what you sow.