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The China News Database was last updated at 01:50PM on November 9, 2023.
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53 articles matching the search query.
Yellen Plans China Trip as Washington, Beijing Work to Revive Ties
The Treasury Department said Chinese officials would also visit the U.S. soon.
January 18, 2023 Source: WSJ
Alvin Chau: Macau gambling kingpin jailed for 18 years
Chau, a prominent figure in Macau's casino industry, was found guilty of illegal gambling.
January 18, 2023 Source: BBC News
Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with People’s Republic of China Vice Premier Liu He
As Prepared for Delivery Vice Premier Liu, I am very pleased to meet you in person today. Last November, President Biden and President Xi met at the G-20 in Bali for their first in-person presidential meeting. The leaders emphasized the importance of keeping the lines of communication open between our countries. Amid a complicated global economic outlook, there is a pressing need for the two largest economies in the world to closely communicate on global macroeconomic and financial conditions and exchange views on how we are responding to various challenges. To that extent, I hope we can use today’s in-person meeting to delve deeply into topics of mutual concern, including macroeconomic cooperation and climate finance. We will also have the opportunity in this meeting to frankly address areas of concern. But, as President Biden said, we share a responsibility to show that China and the United States can manage our differences and prevent competition from becoming anything ever near conflict. While we have areas of disagreement, and we will convey them directly, we should not allow misunderstandings, particularly those stemming from a lack of communication, to unnecessarily worsen our bilateral economic and financial relationship. In that spirit, I welcome the opportunity to hear your opening remarks and to continue to exchange our views during today’s meeting. ###
January 17, 2023 Source: U.S. Department of the Treasury
Macau Casino Stocks’ High-Rolling Days Are Over
“Macau casino stocks’ high-rolling days are over,” the Wall Street Journal says, after the announcement yesterday of the detention of Suncity chair Alvin Chau [週焯華 Zhōu Chāohuá]. Chau has been accused of “running a cross-boundary gambling syndicate to illegally recruit Chinese residents to gamble outside of mainland China,” and investors “are worried China could step up scrutiny of capital outflows to Macau more broadly, or to other places, by cracking down on companies that deliver high rollers to gambling venues.” The South China Morning Post reports that “Chinese prosecutors have indicated they are targeting online casinos” next.
November 29, 2021 Source: WSJ
Macau Casino Profits Expected to Plunge in Latest Quarter
Macau casino operators are expected to see third quarter profits slump to $62 million in earnings before interest, tax, depreciation and amortization, according to a Bloomberg survey of estimates from eight brokerages.
October 18, 2021 Source: Bloomberg
Macau’s casinos get in regulators’ cross hairs, wiping out stock values
The consultation, released a day after the city’s second Five Year Development Plan, is likely to translate into a new gambling law, most likely coming into effect before Macau’s six casino concessions expire in June 2022.
September 15, 2021 Source: South China Morning Post
China Announces Border 'Cooperation' Zone in Macau, Eyes High-End Chip Development
Commentators say the move will erode the jurisdiction of the Macau authorities and could be repeated in Hong Kong.
September 6, 2021 Source: Radio Free Asia
EU and China clash over Macau election ban
The EU criticises the decision to block 21 opposition candidates from standing for office, saying it ‘curtails democratic debate’.
August 1, 2021 Source: South China Morning Post
China bans pro-democracy candidates in Macau elections
Move mirrors crackdown in Hong Kong and comes despite pledges the territory would have high levels of autonomy
July 13, 2021 Source: the Guardian
Where to Watch Dragon Boat Races in Guangdong 2018
We've selected some of the best-known and adrenaline-pumping races to watch in our fair province.
July 1, 2021 Source: That's Online
Press freedom in Macau’s gambling hub under spotlight as China ramps up scrutiny
At a meeting at the Portuguese unit of Macau's public broadcaster TDM on March 10, two senior journalists addressed about 25 staff, reading new editorial rules requiring them to promote "patriotism, respect and love" for mainland China.
April 7, 2021 Source: U.S.
China strikes back at US diplomats after fresh national security law sanctions
Beijing revokes visa-free visits to Hong Kong and Macau for holders of American diplomatic passports.
December 10, 2020 Source: South China Morning Post
China revokes visa exemptions for U.S. diplomat passport holders visiting Hong Kong, Macau
China said on Thursday it would revoke visa exemption treatment for U.S. diplomatic passport holders visiting Hong Kong and Macau after the United States imposed financial sanctions and a travel ban on more than a dozen Chinese officials.
December 10, 2020 Source: U.S.
Covid-19: Hong Kong ramps up border control; driver cases spark alarm
Officials warn public to remain vigilant as possible cases involving four cabbies and a rehab bus driver are uncovered.
November 10, 2020 Source: South China Morning Post
Photo exhibition featuring Hong Kong protest images shut down in Macau
The World Press Photo Foundations says it is unclear why the exhibition featuring the pro-democracy protests last year has been removed
October 9, 2020 Source: the Guardian
Ex-Trump fundraiser ‘illicitly lobbied on China and 1MDB scandal’
Elliott Broidy is accused of asking US president to invite Malaysia’s Najib Razak to golf game in bid to end corruption investigation.
October 8, 2020 Source: South China Morning Post
Taiwan to step up efforts to prevent Chinese spies settling
Taiwan will step up scrutiny of mainland Chinese citizens who are residents of Hong Kong and seek to move to the island to ensure they do not engage in spying or other illegal acts, the government said on Monday.
August 17, 2020 Source: U.S.
China reinstates tourist visas to Macau from September 23 in boon for casinos
Macau, the world's biggest casino hub, is set to welcome an influx of gamblers after China on Tuesday announced that tourist visas, through which the majority of visitors enter the Chinese territory, would be reinstated for all provinces from Sept. 23.
August 11, 2020 Source: U.S.
China approves $67.9 billion of urban railway projects in Greater Bay Area: Securities Times
China's state planner has approved several urban railway projects worth 474.1 billion yuan ($67.91 billion) in the Guangdong-Hong Kong-Macau Greater Bay Area, the Securities Times reported on Tuesday.
August 4, 2020 Source: U.S.
Macau’s July casino sales fall 94.5 per cent as visa ban thwarts growth
A recovery in Macau has been stalled as the coronavirus shut borders, preventing casual gamblers as well as high-stakes players from the mainland from reaching the city’s casinos. Gaming revenue has dropped for 10 straight months, hurt by additional headwinds including the weakened Chinese economy.
August 1, 2020 Source: South China Morning Post