Chinese tourism boom well and truly over

Friday, 17 January 2020

The Australian Bureau of Statistics (ABS) yesterday released its short-term visitor arrivals and departures data for November.

The number of short-term arrivals rose by 1.7% in the year to November, whereas short-term resident departures rose by 2.3%. The ratio of annual arrivals to departures remained at 81.4%:

Net short-term arrivals also remained heavily in deficit:

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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.