Even with a slowing economy, education will remain a hot zone as millions of Chinese enter the middle class -- and demand better schools and teachers.
Parents are investing heavily in schooling, as they feel the "standard education system doesn't always do a great job," China Market Research analyst Ben Cavender said. "They want their kids to get the best education possible."
Last year, Deloitte estimated that China's private education sector -- which includes after-school tutoring, test-prep, private universities, pre-school education, and continuing education -- will reach a market size of $102 billion by 2015. English-language training alone has reached a market size of $4.8 billion.
Foreign companies have a toehold in this market, offering Chinese students tutoring on tests like the SATs or GREs, along with other Western-style education programs.
Higher-education institutions are also moving into China. In 2011, New York University announced a partnership with East China Normal University to form a campus in Shanghai. Last year, Stanford opened a research center at Peking University. And the University of Nottingham, an early mover, opened its doors in Ningbo in 2004.
China is making big investments in roads, railways, and other infrastructure.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.41%||4.44%|
|15 yr fixed||3.33%||3.31%|
|30 yr refi||4.39%||4.41%|
|15 yr refi||3.31%||3.30%|
Today's featured rates: