Chinese tourism boom keeps smashing records

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By Leith van Onselen

The Australian Bureau of Statistics yesterday released its overseas short-term arrivals and departures figures for January, which continued to show a trend rise in the number of inbound tourists, with Chinese arrivals continuing to boom.

The number of short-term visitor arrivals rose 0.3% in January in trend terms, whereas short-term resident departures rose by 0.4% over the month. The ratio of annual arrivals to departures also rose to 83.9%, which was the highest level since June 2010 (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.