WHAT’S THE IMPACT OF CHINA CORONOVIRUS ON AUSTRALIAN $$$ ECONOMY?

1. Australia is the most Chinese reliant economy than any other country in the world.

2. Chinese tourists alone have such a large scale impact on Australia. Statistics below:

2. a. Australia receives more number of Chinese tourists than any other country

2. b. 1.4 million Chinese visited in 2018

2. c. On an average, each Chinese visitor spends about $8,000

2. d. Chinese tourists contributed about $10.9 billion to the Australian economy

The above does NOT include:

A. 166,000 Chinese nationals studying in Australia.

B. Chinese students represent 43 per cent of all international enrollments.