The Economic Impact of Study Abroad on Chinese Students and China’s Gross Domestic Product

Abstract

China has become a global economic powerhouse creating one of the largest middle class populations in the world. A large number of Chinese citizens have acquired personal wealth and created a strong expansion in higher education. Since China opened economic doors, the country has been undergoing westernization in culture and education and is now experiencing growth in study abroad. This paper examines the relationship between Chinese students who study abroad and the impact those students have on China’s Gross Domestic Product. The authors explore the benefits to both students and China due to studying abroad in the US