Instos still bullish on China despite edtech clampdown

Beijing's newly announced education sector reforms, which limit foreign investor involvement in so-called edtech companies, may have come as a surprise. But asset owners, fund managers and consultants believes the far-reaching rules changes will not reduce the overall appeal of China as an investment destination. “Notwithstanding developments, our fundamental long-term view on China remains unchanged,” said a Temasek spokesperson, in responding to AsianInvestor’s request for comme…