Search Results for: China
Are Macau’s days as a global gambling hub numbered? Casino capital faces drastic upheaval as China tightens its grip
June 27, 2022
Depending on your historical metric of choice, gaming has been an integral part of Macau society for the best part of 400 years. ...
China Outbreaks Shift to South With Shenzhen, Macau on Alert
June 21, 2022
China’s Covid-19 outbreak is shifting to its south coast, with a flareup in technology hub Shenzhen triggering mass testing and...
China’s gambling hub Macau shuts down amid COVID-19 outbreak but casinos remain open
June 21, 2022
The world's biggest gambling hub, Macau, has begun a second day of mass COVID-19 testing after dozens of locally transmitted case...
China posits central bank digital currency as the answer to the global crypto craze
June 16, 2022
China has a long-term plan for virtual assets that is surprisingly innovative and pioneering, given its acts of antagonism toward...
As the US and Europe recover, can China save its coronavirus-hit aviation sector?
June 2, 2022
Under a new stimulus package unveiled by Beijing last week, airlines will receive significant aid from the central government, in...
Asia’s factory activity slows in May as China Covid curbs weigh
June 2, 2022
Asia's factory activity slowed in May as China's heavy-handed coronavirus curbs continued to disrupt supply chains and dampen dem...
Macau casino revenue keeps downward trend in May, forcing closures amid China’s tightened travel restrictions
June 2, 2022
Macau casino revenue has plunged amid the ongoing impact of the pandemic on the gaming destination. Revenue for May fell 68% from...
There will always be a need for foreign workers – Sands China President
June 1, 2022
Sands China President Dr Wilfred Wong commented today (Tuesday) that despite policies to favour the hiring of local residents the...
Outbound group tours still paused: China immigration
May 25, 2022
Outbound group tours from mainland China “remain suspended,” due to the Covid-19 risk outside its borders, said on Monday a s...
Utilization of Digital RMB in Macau casinos could see China relax capital controls: Bernstein
May 20, 2022
The potential introduction of China’s Digital RMB into Macau’s casinos could result in Beijing eventually easing its capital ...