[quote Nathbiker]@dipdips most of the schools that have been purchased are no longer charities, so they are viable businesses, hence the investment, there will be a return for the investors and profit can be made. This would be part of the motivation to buy. There’s a few isolated examples where Chinese companies have just ‘donated’ to keep a school afloat as a charitable, going concern.
Bournemouth Collegiate, for example (which happens to be an excellent school by the way), is part of Chinese parent company ‘Bright Scholar’ and the business(es) are registered as companies not charities.
The Chinese business community has been charged with investing everywhere around the globe, why not independent education? A British Education, in China, is seen as the best, highly regarded and a status symbol should you manage to afford it to your child.
I don’t think there’s any malice in their investment, it’s just a ‘daily fail’ article.[/quote]
On the investment side, there’s huge money in selling the experience of a ‘British boarding school’ to wealthy Chinese families. Also could spawn a whole chain of related industries in China to ‘prep’ kids for possible entry.