The Company Making Billions Off China’s Worried Parents

Hui Li and Dexter Roberts:

The weekend ritual for many American kids includes hanging out with friends, sports, cruising the mall, or honing their online gaming skills in Fortnite. Steven, a serious-looking 9-year-old public school student in Beijing, spent a recent Friday evening in a classroom at a tutoring center operated by TAL Education Group, cramming mathematics drills. On Saturday he was back for extra instruction in English and Chinese. “He likes the environment at TAL, where classes are lively and students get to play little games while learning,” says his mother, Zhao Liu, a nurse in a Beijing military hospital. “His father and I would never force him to study.”

No one has to, because even elementary school students in testing-obsessed China know the importance of doing well on the dreaded national exams. Those who do poorly can end up in dead-end livelihoods with no chance of college admission. That’s why many parents are gladly willing to make the investment in time and money—

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