Australian DollarAustralian EconomyGlobal Macro

Australia is about to become coronavirus ground zero

David Llewellyn-Smith
Wednesday, 22 January 2020
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There are two angles to examine as coronavirus spreads in China and South East Asia. The first is health related. The second is economic.

Australia is about see a wave of new Chinese tourists and students just as coronavius slips the CCP noose. Some 350k Chinese toursists arrive through the January/February period, a large swath over the next two weeks as Lunar New Year transpires.

Accompanying these short stay Chinese will be another 150k Chinese students arriving or returning for their first semester.

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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.