DALIAN, China -- China has surpassed the U.S. as both the top investor and breeding ground for unicorns in educational technology, propelled by anxious Chinese parents looking to give their children a leg up in the country's cutthroat academic race.
The country is now responsible for over 60% of the world's investment in the field, which draws on artificial intelligence and other tools to provide a tailored educational experience. Increased access to high-quality instruction is expected to reshape the country's educational environment.
