Re:RCEP, the world’s biggest trade agreement
by hangonhn on Monday November 16, 2020 @12:06AM
(#25108247)
> Education is the other big item, Australian universities attract a lot of foreign students and that sector is a big money earner. On the radio this morning there was talk about standardizing qualifications making more Australian degrees recognized in member countries.
This is so fascinating! I knew Australia hosts a lot of Chinese students but they're really on their way to making education an export of theirs. Thanks for the perspective. I'm beginning to see the huge potentials of this treaty for the parties involved.
Re:RCEP, the world’s biggest trade agreement
by plugger on Monday November 16, 2020 @12:25AM
(#25108363)
IIRC education is Australia's 3rd largest export.
Re:RCEP, the world’s biggest trade agreement
by hackerfromthefu on Tuesday November 17, 2020 @12:50AM
(#25120681)
Part of the education deal is access to short or long term migration to Australia, so the dollar figure really a combination of education, lifestyle and migration opportunities.
Education is the other big item, Australian universities attract a lot of foreign students and that sector is a big money earner. On the radio this morning there was talk about standardizing qualifications making more Australian degrees recognized in member countries.
It comes along at a pretty interesting time there are a lot of tension between China and Australia at the moment. There's handwringing locally over China being granted 99 year ownership leases on some of our ports. Chinese telecom firm Huawei was blocked from our 5G network for "National security" etc.
China has been threatening to block (and in some cases have blocked) shipments of Australian products there have been tariffs on Australian Barley implemented etc, ostensibly in retaliation to some foreign affair stuff. Australia called for an international enquiry into origins of Covid which really annoyed China.