Arab Today, arab today xi arrives in macau as china cracks down on gambling
Last Updated : GMT 03:32:11
Arab Today, arab today
Arab Today, arab today

Xi arrives in Macau as China cracks down on gambling

Arab Today, arab today

Arab Today, arab today Xi arrives in Macau as China cracks down on gambling

Chinese President Xi Jinping
Macao - AFP

Chinese President Xi Jinping flew into Macau on Friday as Beijing puts pressure on the gambling hub to diversify away from casinos as part of an anti-corruption drive and pro-democracy protesters prepare to march for free elections.
Xi's two-day visit marks the 15th anniversary of the handover of Macau from Portugal to China and is also an opportunity to drive home the message that the semi-autonomous territory needs to see life beyond the gaming tables.
Dozens of elementary school pupils waved Chinese and Macau flags and bouquets of roses enthusiastically in the cold weather to receive Xi at the city's airport where police and men in suits were seen patrolling the arrivals hall with a sniffer dog.
No umbrellas -- a symbol of the democratic movement in the neighbouring city of Hong Kong -- were used by the receiving party despite some light rain.
Some taxi drivers in the city also flew the Macau and Chinese flags on their vehicles to mark the event.
Macau is the only part of China where casino gambling is legal and after the sector was opened up to foreign competition in 2002 it became a paradise for high rollers, overtaking Las Vegas as the world's gaming capital in terms of revenue.
But casinos saw their worst drop ever in October, plunging 23 percent to 28.025 billion patacas ($3.51 billion) compared to the same month last year.
Analysts said the decline was due to the reining-in of China's big spenders in a graft crackdown initiated by Xi, as well as a slowdown in the mainland economy.
Earlier this month a top Chinese official for Hong Kong and Macau, Li Fei, warned the territory to reconsider its dependence on gambling in the interests of the nation.
"Xi Jinping will not criticise the Macau government (during the visit), but Li Fei has already said it cannot rely heavily on casino capitalism," said Hong Kong-based political analyst Sonny Lo.
Part of Xi's message would be that the territory "has to make economic adjustments to diversify its economy, rather than relying on casinos heavily, which have become safe havens for corrupt mainland officials," Lo added.
- March for free elections -
Beijing is already clamping down on illicit funds channelled from the mainland through Macau's casinos, according to reports.
China's Ministry of Public Security will be given access to all transfers through the state-backed China UnionPay bank payment card to identify suspicious transactions, the South China Morning Post said this week, citing unnamed sources.
Xi's visit also comes after more than two months of mass pro-democracy protests in neighbouring Hong Kong, which ended Monday when police cleared the last remaining rally camp.
A march for free leadership elections in Macau is set for Saturday afternoon.
Both Hong Kong and Macau's governments are headed by chief executives chosen by a pro-Beijing election committee.
One Macau pro-democracy leader told AFP how he had been tailed by unidentified men ahead of the visit, while local media reported that two Hong Kong students had been refused entry.
Macau's current chief executive Fernando Chui will be officially inaugurated by Xi during a ceremony Saturday after being selected for a second term in August.
Senior Beijing officials have recently praised Macau as a shining example of "one country, two systems", in comments seen as a veiled warning against Hong Kong-style civil disobedience.
Xi's visit would "send a message indirectly to Hong Kong that the Macau model of political development is to be followed," said Lo.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today xi arrives in macau as china cracks down on gambling Arab Today, arab today xi arrives in macau as china cracks down on gambling

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 01:04 2017 Tuesday ,28 February

Nokia 3310 is back — and so is 'Snake'

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday