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Trade War Sees US Losing Chinese Students To UK, Canada And Australia - Education - Nairaland

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Trade War Sees US Losing Chinese Students To UK, Canada And Australia by schoolnascam: 2:52am On May 28, 2019
From: collinsuchendusblog.com




Survey found that 20.14 per cent of respondents chose the UK as their first choice, ahead of the US at 17.05 per cent
Chinese students are shunning the US amid the trade war with China, with many opting instead for Britain, Canada and Australia, according to money-transfer firm Easy Transfer.



After the Trump administration imposed tariffs on Chinese imports last year amid accusations of IP theft and forced technology transfer, the number of Chinese students wanting to study in the US declined over concerns they may not be able to get a visa, according to Easy Transfer, a fintech start-up facilitating tuition payments for Chinese students abroad.



The Beijing-based firm saw its total transaction volume reach US$776 million in 2018 and expects that to top US$1 billion this year. However, its China-to-US payment transition volume, which accounted for 95 per cent in 2015, dropped to 50 per cent in the first quarter of 2019.

“There is a trend of Chinese students choosing non-US universities. The countries taking the most share of new transaction volumes and student interest are the UK, Canada, and Australia,” said Tony Gao, chief executive officer of Easy Transfer. “More and more Chinese companies are thinking about a broad set of markets when they develop outside China.”



The Beijing-based company was established in 2013 by two Chinese students when they were studying in the US and found there was no convenient way to transfer funds out of China to pay tuition, housing costs and other expenses.
“It was always time consuming and expensive to transfer money to overseas countries. Parents have to visit their bank in-person, often several times over multiple days,” said Gao. “Our business expanded quickly as we bring this process down to as little as three minutes and halve the service charge."

Cc: lalasticlala

Source: https://www.collinsuchendusblog.com/2019/05/trade-war-sees-us-losing-chinese.html?m=1

Re: Trade War Sees US Losing Chinese Students To UK, Canada And Australia by schoolnascam: 2:53am On May 28, 2019
Re: Trade War Sees US Losing Chinese Students To UK, Canada And Australia by BuhariAdvocate: 4:40am On May 28, 2019
But why Chinese can't come and study in Nigeria. We have a standard education here in Nigeria. Chinese only want to learn English that's why they want to study outside. However Trump will cripple the economy of America. This Nigga is not Anyway better than our own Buhari here.Trump will not eat Visa.

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Re: Trade War Sees US Losing Chinese Students To UK, Canada And Australia by Nukilia: 5:18am On May 28, 2019
BuhariAdvocate:
But why Chinese can't come and study in Nigeria. We have a standard education here in Nigeria. Chinese only want to learn English that's why they want to study outside. However Trump will cripple the economy of America. This Nigga is not Anyway better than our own Buhari here.Trump will not eat Visa.

May God deliver you undecided
Re: Trade War Sees US Losing Chinese Students To UK, Canada And Australia by BuhariAdvocate: 5:30am On May 28, 2019
Amen God will deliver me from evildoers. God will shame those who think bad things against me. Its shall never well with all my enemies.
Nukilia:


May God deliver you undecided
Re: Trade War Sees US Losing Chinese Students To UK, Canada And Australia by chloride6: 8:23am On May 28, 2019
Let them secure employment in these countries when they are done with studies.
Re: Trade War Sees US Losing Chinese Students To UK, Canada And Australia by MyGeneration(m): 9:53am On May 28, 2019
Does Trump look like someone who wants them. Someone who is trying to stop people from coming to the USA. If they stop by there selves it's for his own benefit
Re: Trade War Sees US Losing Chinese Students To UK, Canada And Australia by Patriot9: 1:11pm On May 28, 2019
MyGeneration:
Does Trump look like someone who wants them. Someone who is trying to stop people from coming to the USA. If they stop by there selves it's for his own benefit
honestly many people don't understand Trump at all. they will just come online and start making baseless and irrational analysis about Trump. This man doesn't need them in America in the first place so let them go.
some kids will come here now and start saying America is losing
Re: Trade War Sees US Losing Chinese Students To UK, Canada And Australia by Patriot9: 1:11pm On May 28, 2019
MyGeneration:
Does Trump look like someone who wants them. Someone who is trying to stop people from coming to the USA. If they stop by there selves it's for his own benefit
honestly many people don't understand Trump at all. they will just come online and start making baseless and irrational analysis about Trump. This man doesn't need them in America in the first place so let them go.
some kids will come here now and start saying America is losing.
Re: Trade War Sees US Losing Chinese Students To UK, Canada And Australia by Maxcollins042(m): 1:17pm On May 28, 2019
May our destiny be piloted by unforeseen and dreaded circumstances, AMEN.
Re: Trade War Sees US Losing Chinese Students To UK, Canada And Australia by Nobody: 1:25pm On May 28, 2019
BuhariAdvocate:
But why Chinese can't come and study in Nigeria. We have a standard education here in Nigeria. Chinese only want to learn English that's why they want to study outside. However Trump will cripple the economy of America. This Nigga is not Anyway better than our own Buhari here.Trump will not eat Visa.
Which useless standard education? Is it the persistent strikes or slow bureaucratic nature of our universities or sadist of a lecturer?

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