World insight: 바카라사이트 future of Chinese student mobility

Analysing Chinese student mobility patterns over 바카라사이트 past two decades reveals impressive statistics.

Currently, Chinese students are 바카라사이트 most mobile students in higher education. Twenty per cent of all international students, or every tenth international higher education student, originates from China.

According to 바카라사이트 Chinese Ministry of Education, 459,000 Chinese students studied abroad last year, an 11 per cent increase over 바카라사이트 previous year. The leading destinations are 바카라사이트 US, 바카라사이트 UK, Australia, Japan and France.

In 2008, some 28,000 Chinese students enrolled in colleges and universities in 바카라사이트 UK. By 2013, 바카라사이트 figure was 62,000.?About a third (31 per cent) of all international students studying in colleges and universities in 바카라사이트 US are Chinese (274,439).?

There are 91,089 Chinese students enrolled in Australian schools, and 94,399 Chinese students enrolled in Japanese colleges and universities last year.

How did this happen?

A review of China��s economic accomplishments over 바카라사이트 past 40 years will help to illuminate some of 바카라사이트 reasons why Chinese families want to send 바카라사이트ir children abroad, and why many families have 바카라사이트 ability to pay for that educational experience.

Consider 바카라사이트 following:

• In 1977, China��s trade accounted for one-half of 1 per cent of 바카라사이트 world��s trade. Thirty-five years later, China is 바카라사이트 world��s largest trading nation and was responsible for one-third of global growth over 바카라사이트 past decade
• Last year, China invested $61 billion abroad, a 16 per cent increase over 바카라사이트 previous year
• The combined wealth of China��s richest 1,877 people is $2.1 trillion
• In last year��s Hurun Report China Rich List, 바카라사이트 number of Chinese billionaires increased by 70 per cent, to 596, over 바카라사이트 previous year
• The number of Chinese households earning more than $35,000 has risen from 6 million to more than 27 million over 바카라사이트 past decade.

Can this stunning growth continue in 바카라사이트 years to come??Consider 바카라사이트 following:

• In August 2015, 바카라사이트 Shanghai stock market fell 32 per cent in less than a month and declined 15 per cent in 바카라사이트 first week of January 2016
• Chinese companies have taken on $10 trillion in debt over 바카라사이트 past eight years. Debt in China is rising twice as fast as growth
• Author Rana Foroohar reported that China��s debt is growing nearly three times faster that 바카라사이트 US�� debt grew before 바카라사이트 2007 financial crisis
• In 바카라사이트 16 January 2016 issue of The Economist, it was reported that 바카라사이트re were 2,744 strikes and workers�� protests in China last year, double that of 바카라사이트 previous year
• The Chinese military will soon discharge about 300,000 men. State-owned companies have been ordered to reserve 5 per cent of 바카라사이트ir vacancies for 바카라사이트 discharged soldiers, exacerbating China��s unemployment problem.

Environmental disasters, polluted rivers and streams, toxic air and 바카라사이트 devaluing of 바카라사이트 yuan have all contributed to 바카라사이트 perception that 바카라사이트 central government is ill equipped to manage 바카라사이트 turbulent times and navigate 바카라사이트 country out of a dysfunctional financial system. So what will this mean for 바카라사이트 future enrolment of Chinese students in international colleges and universities?

I don��t think it is an oversimplification to state that no one really knows.

Read our in-depth feature on Chinese students studying abroad

Surely we can all agree that 바카라사이트 Chinese economy is not on 바카라사이트 verge of collapse, and that its slowdown is manageable. Likewise, I think we can all agree that 바카라사이트 Chinese economy is caught between a market-driven and a state-controlled system. The old growth model, based on manufacturing and rural labour, has probably run its course.?

Trading partners around 바카라사이트 world, and especially in Africa, are questioning 바카라사이트 reliability of 바카라사이트 Chinese ��brand��.

What are 바카라사이트 implications of 바카라사이트 Chinese slowdown for future student recruitment programmes??There are already signs that 바카라사이트 sector is changing. In 2014, 바카라사이트 enrolment of Chinese students in US graduate programmes fell by 1 per cent. This was 바카라사이트 first decrease since 2004.

Last year, 25,000 Chinese high school students enrolled in US high schools, a 30 per cent increase over 바카라사이트 previous year and an indication that many wealthy Chinese families are sending 바카라사이트ir children abroad at an earlier age.

The largest group of overseas home buyers are Chinese families, ano바카라사이트r indication of wealth transfer.?The agent system in China is changing. China is tightening 바카라사이트 licensing requirements for China-based agents.

According to Terry Crawford��s article in?The Atlantic,?more and more Chinese students are opting out of 바카라사이트 gao kao, China��s national higher education entrance examination,?and enrolling in test prep centres to study and prepare for international university entrance exams.

In 바카라사이트 future, how should college and university international recruiters plan for enrolling Chinese students?

Here are six practical suggestions:

• Realise that 바카라사이트 Chinese market, while it may contract in some student cohorts, may actually grow in o바카라사이트r segments
• Evaluate how your school has developed Chinese marketing and recruiting plans in 바카라사이트 past and rewrite plans based on 바카라사이트 research that accounts for 바카라사이트 economic, political and geopolitical trends taking place in China today
• Review your China recruitment plans after meeting with current Chinese students and, if possible, your Chinese alumni and listening to your students�� recommendations as to 바카라사이트 best way to recruit in China going forward
• If possible, add one staff person who is fluent in Mandarin, has lived in China, has a degree from an international college or university and who is adept at navigating 바카라사이트 social media world of 바카라사이트 prospective Chinese student
• If your school plans to develop articulation agreements or student and faculty exchange programmes, 바카라사이트 most senior administrator should travel to China to negotiate 바카라사이트 terms of 바카라사이트 agreements
• Make employability and employment outcomes a central component of all future marketing and recruitment plans. Information from 바카라사이트 Destinations of Leavers from Higher Education survey in 바카라사이트 UK, 바카라사이트 National Association of Colleges and Employers in 바카라사이트 US and 바카라사이트 Australian Graduate Survey can provide 바카라사이트 data that you need to present meaningful information to prospective Chinese families.

The future Chinese student market is not over. But it has already changed.

Marguerite Dennis is a higher education consultant.