How Chinese Students Saved America’s Colleges

Justin Fox:

A survey released this week by Bain and Kantar Worldpanel found that Chinese shoppers are increasingly turning to domestic brands and abandoning foreign ones. That’s not happening with post-secondary education, though! The number of Chinese students at foreign universities rose from 417,351 in the 2005/2006 school year to 712,157 in 2012/2013 (the most recent year for which I could find data). The U.S. is by far the leading destination: