While you’re still grinding through exam-oriented education, others are already diving into capitalist education
CategoryNews Briefs
While other kids are still grinding through endless practice problems and chasing exam scores, families in big cities have already pivoted to competing over capital education. Don’t be fooled by the label “financial literacy education”—it’s essentially teaching kids how to wield capital, and the tuition reflects that: 240,000 RMB a year. At age eleven, these children open US stock accounts with a $2,000 seed deposit to “play” with, attend offline business simulation workshops, and use their Lunar New Year red envelope money to buy shares in relatives’ assembly-line businesses, diving straight into live trading.
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