hello and welcome. i m raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. the business of international education is worth 45 billion dollars a year and marketers have china firmly in their sights. but not all are focused on attracting nouveau-riche chinese students to campuses abroad. some of the most respected english private schools are expanding in the people s republic itself. reporter: quintessentially english, in far flung china - though unlike its four century old namesake for the teenage sons of the world s millionaires and monarchs, harrow international school welcomes well-heeled beijing-based children as young as three, including girls. established in 2005, this is the harrow brand s second overseas school after bangkok. a third opens in hong kong in 2012. farthing: there are many visionaries on the harrow school board who see the value in transliterating a qualityharrow-branded service into new m
15-thousand, 15-thousand people are enjoying this great quality electricity. reporter: hello and welcome. i m raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. the business of international education is worth 45 billion dollars a year and marketers have china firmly in their sights. but not all are focused on attracting nouveau-riche chineseents to . some of the most respected english private schools are expanding in the people s republic itself. reporter: quintessentially english, in far flung china - though unlike its four century old namesake for the teenage sons of the world s millionaires and monarchs, harrow international school welcomes well-heeled beijing-based children as young as three, including girls. established in 2005, this is the harrow brand s second overseas school after bangkok. a third opens in hong kong in 2012. farthing: there are many visionaries on the harrow school board who see the
hello and welcome. i m raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. the business of international education is worth 45 billion dollars a year and marketers have china firmly in their sights. but not all are focused on attracting nouveau-riche chinese students to campuses abroad. some of the most respected english private schools are expanding in the people s republic itself. reporter: quintessentially english, in far flung china - though unlike its four century old namesake for the teenage sons of the world s millionaires and monarchs, harrow international school welcomes well-heeled beijing-based children as young as three, including girls. established in 2005, this is the harrow brand s second overseas school after bangkok. a third opens in hong kong in 2012. farthing: there are many visionaries on the harrow school board who see the value in transliterating a qualityharrow-branded service into new m
abirached and this is world business, your weekly insight into the global business trends shaping our lives. last weekend billions of people around the world watched the british royal wedding on television andnext year millions more will tune in when the country hosts the olympic games. for a small island nation the uk may still punch above its weight, but there is little doubt its glory days are over. reporter: the pomp and splendor of central london plays on past glories to attract millions of overseas tourists every year. it s a vital part of the uk economy bringing in 27 billion dollars annually. but the reality for britain today is an economy in poor shape, gdp growth sluggish at 1.6% and adeficit of 230 billion dollars this year. mousavizadeh: there s no question that if the current economic policies do not succeed in turning the economy around - creating employment, creating growth - then you will see a britain much diminished in the world. reporter: the government
abirached and this is world business, your weekly insight into the global business trends shaping our lives. last weekend billions of people around the world watched the british royal wedding on television andnext year millions more will tune in when the country hosts the olympic games. for a small island nation the uk may still punch above its weight, but there is little doubt its glory days are over. reporter: the pomp and splendor of central london plays on past glories to attract millions of overseas tourists every year. it s a vital part of the uk economy bringing in 27 billion dollars annually. but the reality for britain today is an economy in poor shape, gdp growth sluggish at 1.6% and adeficit of 230 billion dollars this year. mousavizadeh: there s no question that if the current economic policies do not succeed in turning the economy around - creating employment, creating growth - then you will see a britain much diminished in the world. reporter: the government