Tuesday, July 24, 2018

China’s Education Boom: A Golden Opportunity?

Greetings from Haymarket HQ in Sydney's Chinatown. This is a start-up center for entrepreneurs looking at the Asian market. This evening has a presentation on "Eureka! The golden opportunity of China’s Education Boom" with Maria Spies and Patrick Brothers from HolonIQ.

Patrick commented that currently there is a heavy weighting of postgraduate students attending Australia's Group of Eight universities. To keep this in perspective he commented that China is out investing the USA in education three to one and noted that international investors are underrepresented compared to other industries.  Patrick noted that the Chinese government recently shut down two hundred international educational partnerships, however he did not explain why.

Maria commented that the issues in Chinese education are much the same as in Australia: including new flexible classrooms, STEM and STEAM curriculum, and edtech. One difference she noted was an openness to technology by parents and teachers. Much of the investment is in private after-school tuition.

Keeping in mind my proposal for Australian to provide blended learning online, I asked if Australian institutions could sell into China. Maria answered that inflows of students into China are increasing and there are likely to be increasing regional flows. She suggested that Australian universities should not assume the current model of Chinese students coming to Australia will continue. Students are willing to use online learning from quality institutions, along with local partnership campuses.where facial expression recognition was used to 

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