Space Industry and Business News  
TRADE WARS
China to ease mainland residents' travel to gambling hub Macau
by AFP Staff Writers
Beijing (AFP) Oct 31, 2022

Mainland Chinese residents will be allowed to visit Macau using an online visa system as of Tuesday, officials said, streamlining travel to the world's largest gambling hub after more than two years of pandemic restrictions.

Macau is the only place in China where casinos are legal and the former Portuguese colony once dwarfed even Las Vegas for the scale of bets placed every month.

But China's strict Covid-19 controls have laid waste to the city's gaming sector, hammering its economy.

Beijing will launch an electronic visa system from November 1, China's Immigration Administration announced on Monday in a statement.

For the past two and a half years, visitors from the mainland have been required to submit detailed, in-person applications to visit the Chinese territory, with approvals typically limited to essential business travel.

Monday's announcement paves the way for mainland travel groups -- which once made up the vast majority of punters -- to return to the roulette tables.

China's immigration authorities said they now judged the Covid situation in Macau to be "stable", despite health officials in the city locking down a large casino complex on Sunday over a handful of infections.

Macau's 700,000 residents must also take daily rapid antigen tests until Tuesday, the government said.

The city remains largely closed to overseas visitors and maintains a seven-day hotel quarantine policy.

And even if pandemic measures are fully lifted, it is unlikely Macau's casinos will see a return to their busiest days, analysts said.

Chinese President Xi Jinping has spearheaded an anti-corruption campaign that has increased scrutiny of the high-rollers and officials who travel to gamble in Macau, where cases of money laundering are common.


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
China's factory activity contracts on Covid curbs
Beijing (AFP) Oct 31, 2022
China's factory activity shrank in October, official data showed Monday, after industries were hit by strict Covid lockdowns. The Purchasing Managers' Index (PMI) - a key gauge of manufacturing in the world's second-biggest economy - came in at 49.2, down from September's 50.1 and below the 50-point mark separating growth from contraction, according to data from the National Bureau of Statistics (NBS). Sporadic Covid-19 lockdowns around China have dampened demand and business confidence. T ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Scientists discover plastic-like material that conducts like metal

Will Africa's metals boom suffer the same curse as oil

'We don't eat lithium': S. America longs for benefits of metal boon

Greening global economy brings dependence on critical minerals

TRADE WARS
Rivada Space Networks signs MoU with SpeQtral to develop ultra-secure communications

Elon Musk says SpaceX can't continue to fund Starlink in Ukraine

SIMBA Chain awarded SpaceWERX Orbital Prime Contract

Viasat to sell its Link 16 Tactical Data Links business to L3Harris Technologies

TRADE WARS
TRADE WARS
At Sandia Labs, a vision for navigating when GPS goes dark

Mexico denies Russia space deal will aid spying

Taoglas' multi-band GNSS front ends simplify and accelerate product development

Trackem Launches New GPS Business Tracking Platform

TRADE WARS
Seeing no China progress, Boeing eyes other prospective MAX buyers

AIR lofts heavy payload balloon into near-space height

Former US fighter pilot who worked in China arrested in Australia

Five Indian soldiers killed in chopper crash near China border

TRADE WARS
Germany reviewing possible Chinese takeover of chip factory

Tech sector unwittingly aiding Russia: Dutch official

Advance brings quantum computing one step closer to implementation

US hits network that smuggled chips to Russian arms makers

TRADE WARS
Planet launches nonprofit program to drive more access to timely, global satellite data

Mapping planet Earth for better positioning: ESA's GENESIS mission

Europe's all-new weather satellite arrives at launch site

Orion Space Solutions to develop EO processing system for NOAA

TRADE WARS
Post-Diwali Delhi wakes to toxic firecracker smog

Study finds evidence that fuel regulation reduced air pollution from shipping

Surfers, miners fight over South Africa's white beaches

Gold mining threatens 'forest giraffe' in DR Congo









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.