You don't understand the meaning of this article. China's demand for western education has not declined, but the composition of students studying in the West has changed.
In the past, the best students in China chose to go abroad. Now, in addition to the students from famous foreign universities, those who go to ordinary western universities are the losers of China's college entrance examination, and those who are eliminated by China's domestic universities. Therefore, graduation certificates from foreign ordinary universities are no longer popular in Chinese companies.