Analysts suggest that if the slowdown in Chinese students and visitors is prolonged, it could cost Australia’s economy US$543 million over the next two years. Photo: Handout
Chinese tourists and students are turning away from Australia as trade war takes toll
- Analysts suggest that if the slowdown in Chinese students and visitors is prolonged, it could cost Australia’s economy US$543 million over the next two years
- Australia has mostly benefited from the US-China trade dispute: Beijing’s stimulus to offset weaker shipments has boosted demand for its commodities and the lower Australian dollar is making firms more competitive
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Chinese tourists
Analysts suggest that if the slowdown in Chinese students and visitors is prolonged, it could cost Australia’s economy US$543 million over the next two years. Photo: Handout