Harrods retreats from Shanghai as Chinese private colleges face degree of reckoning

China Inc by BBW
03/12/2025 16 min Episodio 141
Harrods retreats from Shanghai as Chinese private colleges face degree of reckoning

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Episode Synopsis

British retailer Harrods is pulling out of China, just five years after launching its luxury lifestyle brand in the market. Why is it leaving, and are other luxury brands going to follow? And university campus operator XJ International has been selling assets as college education loses its luster. Why are less Chinese interested in such secondary education these days?

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