Australian university’s very high risk China addiction

Wednesday 31 October 2018

Via FTAlphaville on the UK version of same:

Back in July, we had a look at the impact foreign policy issues might have on the financial stability of UK universities.

In the unlikely event that Chinese students suddenly stopped studying in the UK, the effect would be devastating. China provided 66,415 new enrolments at UK universities in 2016/2017 — the highest ever level, and more than the entire European Union.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.