The number of Australian students has risen sharply over the past five years, with student visas soaring by about 200000 to 500000 by the end of 2018, according to the data. However, on May 15, according to ACB News, figures released by Australian Bureau of Statistics showed that the number of short-term immigrants from China had fallen for nine months in a row, including students and tourists.
In recent years, with the increasing number of Chinese studying abroad, Australia is close to the waterfront. Driven by Chinese students, the number of Chinese has increased from about 95000 in 2015 to 150000 in 2018. Australia is also making a lot of money, with Chinese students reportedly contributing about 523.9 billion yuan (A $11 billion) in education export revenue to Australia in 2018, accounting for 34 percent of the total education export revenue that year.
However, data from the Australian Education Visa Advisory Council show that the number of visa applications and approvals for Chinese students fell significantly from the previous two years in 2018-2019. Among them, it is puzzling that Ian Jacobs, a professor at the University of New South Wales in Australia, recently warned that the number of Chinese students would decline over the next decade. Why is Australia suddenly so unconfident in its study industry?
It turns out that in order to further develop their study abroad industry, Australian universities have expanded their enrollment in recent years and relaxed the criteria for studying abroad. As Ian Jacobs points out, China is increasing its investment in its own universities and raising its standards, while Australian universities` standard "water injection" erodes the prestigious value of Australia`s academic degree. As a result, Australia`s study abroad industry has also been greatly affected.
It has to be said that Australia is increasingly looking forward to buying and selling with China after tasting the sweetness from Chinese customers. On May 7, Australia announced its monthly rate of imports and exports in March, of which the monthly rate of imports and exports actually recorded a negative growth rate of-2%. At a time when import and export data are underperforming, Australia is the first to think of China. At present, under the decline in the number of Chinese students, Australia`s income of 523.9 billion yuan is also expected to decline, followed by a series of economic reactions, it is better to do it!
