Word: mainlanders
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...economy entering recession, gamblers in Las Vegas are growing more reluctant to part with their money. Las Vegas Sands has also been grappling with an unexpected problem: China's government is increasingly alarmed by the profligacy and gambling debt of its citizens. China recently imposed visa restrictions on mainland tourists to Macau, reducing the anticipated cash flow from Las Vegas Sands' Asia operations. According to Daniel Renshaw, a Sydney-based gaming analyst with Merrill Lynch, these twin challenges will be difficult to surmount. "They are relying on an increase in revenue in Las Vegas and Macau over the long term...
...highest-ranking Chinese envoy to visit Taiwan in 60 years landed in Taipei this week, ringing in a new era of cross-strait relations with unprecedented trade and transport agreements. It is the first time that a top Chinese official has come to Taiwan, the island off mainland China that claims autonomy, and China claims as its own. Taiwan's President Ma Ying-jeou, who met with the high-ranking Beijing diplomat, has advocated closer economic ties with China and a more pragmatic approach to its sovereignty dispute...
...late October, the scope of the scandal broadened when Hong Kong authorities announced that eggs imported from the mainland also contained melamine, the result of tainted feed given to chickens. Beijing ordered widespread testing of animal feed, and discovered 3,600 tons of contaminated product. The country's agriculture minister, Sun Zhengcai, called the tainted eggs an isolated problem. And the state press trumpeted news that sauces tainted with toxic chemicals were imported from three Japanese factories...
...plans to improve relations with China were destined to be controversial in Taiwan. About a third of the population is in favor of Taiwan becoming a fully independent country and fears closer ties to China will lead to re-unification with the mainland. But dissatisfaction with Ma's agenda has also been intensified by the continued struggles of the Taiwan economy. The expected benefits from the measures taken to improve links to China have yet to materialize. The anticipated rush of big-spending mainland tourists, for example, has proven to be only a trickle, due to continued restrictions on travel...
Hawaii's favorite son had taken the long flight in from mainland, leaving a rally in downtown Indianapolis to arrive at 7:15 p.m. Thursday, Honolulu time. Back east, in his second hometown of Chicago, it was already past midnight - and an hour later in Washington where he hopes to take up a famous residence next year. Sen. Barack Obama immediately drove to see his ailing grandmother, the woman he affectionately calls "Toot," at her apartment on Beretania Street, before retiring to a hotel on the city's touristy Waikiki strip. By daylight, he was again at the Beretania Street...