JP Morgan is expecting China's reopening to add around 1% to Australian economic growth

JP Morgan on China - Australia:

• China’s shift toward an earlier reopening raises the question of potential implications for the Australian economy
• The largest potential upside from reopening itself sits within the services sector given China is the largest consumer of Australian tourism and education exports

JPM project:

• that a full recovery in Australia’s tourism will add 0.5% to GDP
• the return of international students from China will add another 0.4%

AUD has been getting a tail wind from all the reopning moves from China:"