I am a Scotsman, but have lived in Malaysia with my Chinese Malaysian wife for over twenty years so my (rather random) observations might be of interest.
- Why do Chinese children do better at school?
Both my wife and I have university degrees. We have two children, and my wife “drives” them far harder than I remember mine doing to me. This, of course, has its downside. The suicide rate for schoolchildren in Singapore, where parents are very keen for the children to excel, is high m- too high, IMO
We are lucky that both our twin sons are very bright, and with my wife’s pushing, are doing extremely well, not just in academic subjects, but in swimming and piano playing as well. Thankfully they are also pretty well-adjusted most of the time.
- Why are Chinese-Malaysians wealthier and more successful in business?
Both pairs of my wife’s emigrated from Fujian province in China; her paternal grandparents to Penang in what was Malaya, and maternal to Singapore. Both grandfathers arrived with little or no education and no money - typical economic migrants. Both grandfathers worked as coollies in rubber plantations.
Both grandfathers worked very hard (at physically exhausting work), with the Singaporean one taking his family (including my mother-in-law) to Indonesia during the Japanese occupation of Singapore. Life was very hard for them there, with food in short supply.
Both, however, then had lucky “starts”. They were both astute gamblers (as are many Chinese men ) and won money which they both started to invest. Post-WW2 SE Asia was an economic powerhouse, so their investments grew - and grew. Both men became very wealthy indeed. What made them rich? Hard work, staying positive in the face of adversity, tenacity, and a bit of luck.
Rich Malays who I have come across during my work here (although I am now retired) became rich through being members of one of the many royal families here, or government patronage, and in one infamous case, stealing from the government-controlled company of which he was CEO and Chairman. He only avoided jail because of his government patronage that allowed all criminal charges to be dropped.
I saw how his corrupt dealings allowed him to steal, and it is the tight hold that Malays have on government, including the legal system, and non-entrepreneurial, i.e government-controlled, companies, that allows them to become wealthy - not hard work and tenacity.