Business trendsChinese condo buyers pay up to give kids an academic leg up
Packages include entry to top schools, turning education into pay-to-play scheme
Condominiums, left, are popular because they come with guaranteed admission to a prestigious school, right in the back, in Chongqing.
SHUNSUKE TABETA, Nikkei staff writer
CHONGQING -- Condominiums that come with guaranteed admission to top local elementary and middle schools are gaining popularity across China as parents scramble to give their children whatever advantage they can afford in the country's fiercely competitive education system.