Parents are going the extra mile to ensure their children have a good start in life. Photo: Simon Song

China’s middle class spend less as they scrimp and save for their children’s education

Parents prioritise school fees and tutoring costs but forgo other spending that the government is counting on to stabilise economic growth

Topic |   China economy

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Parents are going the extra mile to ensure their children have a good start in life. Photo: Simon Song
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Jane Cai

Jane Cai

Jane Cai, CFA, is the Beijing Bureau Chief of the South China Morning Post. She has been covering China's economic, financial, business and political news since the early 2000s.