Chinese tourists took up only 15.7 percent of the total last year, down significantly from 66.5 percent in 2019.
Chinese tourists are much loved by international businesses as they are among the biggest spenders when they travel.
The island about the size of Belgium, remains strong as flight restrictions, visa delays and the high cost of travel to far-flung international destinations have kept many Chinese travelers.
Projections show that in 2025 China and India will be the only countries to see more than 10% in annual change.
The number of trips made during the holidays represented a 19 percent growth from the level during the same period in 2019.
Tourism Australia has a very long-term view with China and has been there for more than 20 years.
Chinese tourists spent 70% more on food and beverage during this year's holiday week than in 2019.
Fosun could sell as much as a 30% stake.