Chinese leader Xi visits gambling hub Macau as nearby Hong Kong seethes

Chinese leader Xi visits gambling hub Macau as nearby Hong Kong seethes
Chinese leader Xi visits gambling hub Macau as nearby Hong Kong seethes

Hello and welcome to the details of Chinese leader Xi visits gambling hub Macau as nearby Hong Kong seethes and now with the details

Nevin Al Sukari - Sana'a - Casinos are seen in a general view of Macau, China October 8, 2015. — Reuters pic

HONG KONG, Dec 18 — China’s President Xi Jinping begins a three-day visit to the gambling hub of Macau today to mark the 20th anniversary of its handover to China, with security tight as protests rock nearby Hong Kong.

Xi’s visit to the former Portuguese colony, where he is expected to announce a slew of supportive policies, is widely seen as a reward for Macau’s stability and loyalty, unlike the former British colony of Hong Kong, which has been rocked by anti-government protests for six months.

Xi is expected to announce measures for Macau aimed at diversifying its casino-dependent economy into a financial centre, including a new yuan-denominated stock exchange.

The full schedule of Xi’s visit, his longest official trip to Macau, has not been announced but he will attend the swearing-in of Macau’s newly chosen Beijing-backed leader, Ho Iat-seng, on Friday.

Macau returned to Chinese rule on Dec. 20, 1999 with the same “one country, two systems” formula aimed at preserving autonomy under which Hong Kong is governed.

While protesters in Hong Kong, across the mouth of the Pearl River, are infuriated by what they see as Beijing encroaching on their freedoms, Macau has seen little dissent.

Protests are very rare in the territory with more than half of Macau’s 620,000 population immigrating from China in recent decades.

Still, authorities have tried to stave off any trouble.

A Hong Kong resident was arrested by mainland police last week while crossing into Macau on a newly built bridge linking it to Hong Kong and the mainland city of Zhuhai.

Chinese authorities said the man was suspected of involvement in a phone-smuggling syndicate.

The heads of the American Chamber of Commerce in Hong Kong and several journalists have also been barred from entering the city in the run-up to Xi’s visit, the chamber heads and media reported.

It was not clear why. The chamber heads said authorities did not give a reason.

Macau ferry operator Turbo Jet said it was reducing the number of ferry sailings to and from Hong Kong by about half due to security checks. Ferries this week are only operating every 30 minutes compared with every 15 minutes normally.

The changes were made because of “instructions by Macau authorities”, the company said on its website.

The city’s light rail transit system which opened to the public on December 10, will be suspended for three days from today due to security measures, the operator said.

Beijing has also clamped down on visas since November for mainland residents going to Macau until after the December 20 anniversary, as part of the security restrictions, according to Vitaly Umansky, an analyst at Sanford C. Bernstein in Hong Kong.

The restrictions would put additional pressure on sliding gambling revenues, he said.

Macau is heavily dependent on the gambling industry with its casinos contributing about 80 per cent of government income. — Reuters

These were the details of the news Chinese leader Xi visits gambling hub Macau as nearby Hong Kong seethes for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Ultimatum expired in Ethiopia: Abiy announces final offensive
NEXT 362,050 people tested in South Tyrol, one percent positive