From 1995 to 2002, South Korea and China led tremendous increases in foreign student flows. South Korea was the principal source country of flows after 1995, in all years except 1998. Between 1995 and 2000, the flow of Chinese students increased by 500 per cent to 5,600, making it the second leading source country for foreign students. Chinese foreign student stocks also increased rapidly in the late 1990s, becoming the largest by the end of 2002. Unlike China, Hong Kong student stocks continued to decline after the region reverted to Chinese sovereignty in 1997.