(June 24): How do you get into a good public school in China? If all goes right, Wang’s bet will ensure her offspring enroll in one of Beijing’s most sought-after public schools, a path to staying in the middle class. While US families have spent the pandemic fleeing cities and spreading out in suburban houses, their Chinese counterparts are racing to bid up densely packed flats near good public schools. In the US, property near good public schools command higher prices, but parents can chose to rent to secure a slot. She swapped her large Shanghai apartment for a smaller, million-dollar fixer-upper for her 3-year-old son.

Source: The Edge Markets June 24, 2021 11:26 UTC