Chinese tourism growth goes vertical

Sunday 14 February 2016

The Australian Bureau of Statistics on Friday released its overseas short-term arrivals and departures figures for December, which continued to show a trend rise in the number of inbound tourists, especially from China.

The number of short-term visitor arrivals rose 1.0% in December in trend terms, whereas short-term resident departures rose by 0.6% over the month. The ratio of annual arrivals to departures also rose to 78.9%, which was the highest level since June 2011 (see next chart).

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.