[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
An innovative rehabilitation programme offers Danish fighters in Syria an escape route and help without prosecution.
Street tension between radical Muslims and Holland's hard right rises, as Islamic State anxiety grows.
Take an immersive look at the challenges facing the war-torn country as US troops begin their withdrawal.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Featured
After decades of overfishing, Japan is taking aim at increasing the number of bluefin tuna in the ocean.
Chinese scientists are designing a particle-smashing collider so massive it could encircle a city.
Critics say the government is going full-steam ahead on economic recovery at the expense of human rights.
Spirits are high in Scotland's 'Whisky Capital of the World' with one distillery thirsty for independence.
President Poroshenko arrives in Washington on Thursday with money and military aid on his mind, analysts say.
join our mailing list