China edtech: set to surpass the rest of the world

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According to a must read article by  in Technode, Chinese interest and investment in edtech is still surging and, based on the numbers, will overtake the rest of the plant soon. From the article:

Chinese government invested a record 1.07 billion USD in edtech startups in 2015 alone, and the investment in the quality and online education is on the rise.

Some even predict China is about to surpass the US regarding education technology investment. The government announced it would invest 30 billion USD in venture capital in startups by 2020.

The entire article is here.