East Asia coming education crisis.
“The knowledge taught and skills nurtured at school do not sufficiently match labor market needs,” it said. “Workplace training-based vocational education arrangements are woefully inadequate.”
“China’s education system is relatively backward and exam-oriented,” Mr. Tang said, adding that changing the system will take time. “That’s one reason for the slowing economy. Business is moving fast, there’s more competition from abroad and the comparative advantages of China are less.”