With more than a third of all overseas students in higher education in Australia last year coming from China, debate about the sector relying on the Chinese market has reached fever pitch.
However, Australian business schools say their MBA programmes are resistant to this over-reliance and instead are seeing an increase in interest from Indian students.
But business schools still face other threats to their competitiveness. More students are gaining qualifications at cheaper, privately run colleges; students from Asia are increasingly choosing to study close to home; and reversals on visa restrictions in the UK could reduce the relative attraction of Australia for prospective students.