Anybody else interested in this sco.?Just open 7 new schools in China. Now teaching English to about 350,000 students at a time.
"New Oriental Education was started by a former English professor at Beijing University. Originally, the company focused on preparing Chinese students for entrance exams. It’s still in that business today — 375,000 students paid for this service last year.
However, the company has seen even stronger demand for English language instruction. I can see why: There are approximately 457 million Chinese citizens in the prime years for schooling (ages 5-29). The market for English language instruction is expected to grow from $2.3 billion in 2006 to $3.7 billion by 2010."
Quote from Tony Sagami at Money and Markets