Word: macau
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...genuinely transformative factor is that China now gets Taiwan. The island is a more complex place for Beijing to decipher than Hong Kong and Macau, former British and Portuguese colonies whose governments could make no moral argument against the return of the two territories to Chinese sovereignty. Taiwan is different. Since 1987, when the ruling Kuomintang (KMT) lifted martial law, the island has gradually become a thriving, if somewhat rambunctious, democracy. Its 23 million people determine its future, not Beijing or London or Lisbon. A sizeable portion of the population - some estimates put it at as high as a third...
True, the bulk of bank lending is going to things like roads, bridges and high-speed-train lines that, in theory, should stimulate economic activity and enhance productivity for years to come. But some high-profile works such as the $10.7 billion Hong Kong-Macau-Zhuhai Bridge have been criticized as unnecessary vanity projects, while others are said to be wastefully duplicative - some 300 km of the Shanghai-Nanjing Intercity Railway and the Shanghai-Beijing Express Railway, for example, are overlapping routes. Some local governments have also been discovered to be faking documentation and even entire projects. (See pictures...
...punches pregnant woman at Macau customs. Chaos ensues...
...Singaporean Bryan Huang, 24, is one such rising star and a favorite in this week's tournament. Last year, he moved to Macau to develop his career as a professional poker player. He spends his days betting on as many as 12 simultaneous tables online, and then plays into the night in cash games at the Grand Lisboa. "Once people understand that poker's a game of skill, they'll grow into it and definitely prefer it over baccarat," says Huang, referring to the fact that baccarat players bet against the house while poker players bet against each other. "Give...
...poker players are of Asian descent. That includes five of the top 20 World Series of Poker players: Men (The Master) Nguyen, Scotty Nguyen, John Juanda, David Chiu and Johnny (Orient Express) Chan, who holds two WSOP main event titles. Still, without media exposure, these names remain unknown in Macau, leaving organizers to develop local heroes who can inspire the masses to take up the game...