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The China Student Boom and the Risks it Poses to Australian Universities
註釋Australia's universities are taking a multi-billion dollar gamble with taxpayer money to pursue a high-risk, high-reward international growth strategy that may ultimately prove incompatible with their public service mission. Their revenues have boomed as they enrol record numbers of international students, particularly from China. As long as their bets on the international student market pay off, the universities' gamble will look like a success. If their bets go sour, taxpayers may be called on to help pick up the tab. China has consistently been the world's largest source of international students for the last twenty years, with numbers increasing six-fold over this period. It thus comes as no surprise that the largest source of inbound international student numbers in Australia has been from China. However, global outbound Chinese student numbers have flatlined since 2016, with the rapid growth in Chinese enrolments in Australia slowing dramatically in 2018 and now levelling off. It therefore seems safe to say that Australian universities may have reached 'China max', but is the current 'China max' actually safe? This report establishes the scale of Australian universities' China risk, assesses the difficulty of addressing it, and proposes steps to take toward reducing it in a fiscally and educationally responsible way. [Executive summary, ed]