Part 2/13:

China's initial target was its technology sector, which came under fire amid fears of monopolistic practices and data security concerns. The government’s recent actions, however, extended to the education industry. In August, Beijing announced a ban on for-profit tutoring companies from making profits, raising capital, or going public. This policy was largely viewed as an effort to reduce the financial burden on families and promote social equality by lowering the high costs associated with after-school tuition.