[QODLink]
Asia-Pacific
Macau gambles on diverse economy
Chinese region's new chief looks to broaden territory's casino-led economy.
Last Modified: 20 Dec 2009 12:47 GMT

The Chinese region of Macau has gained worldwide fame as the Las Vegas of the East.

But there is concern that it depends too heavily on the glitz and glamour of the gambling industry.

Fernando Chui, Macau's new chief executive, is pledging to diversify the territory's economy beyond the gaming industry.  

He takes over 10 years after Beijing regained control of the region and turned around an economy left stagnant after 400 years of Portuguese rule.

Melissa Chan reports.

Source:
Al Jazeera
Topics in this article
Country
Featured on Al Jazeera
More and more people in the US are living in poverty - yet Mitt Romney's policies would further shred the safety net.
The US has more wireless devices than people but without a large increase in bandwidth capacity, networks might crash.
Is Israel being deliberately indecisive on whether or not to support the Syrian opposition?
The contradictions of Obama's policy toward Iran went unnoticed in the US, but not in Iran and Israel, writes Porter.
<  > 
join our mailing list

Enter Zip Code
Go