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| Macau: bigger betting than Las Vegas |
Much of the smart money seeking profits from China’s extraordinary economic growth is finding its way into the country’s two special administrative regions, Hong Kong and Macau, where the upside from China’s rising prosperity can be tapped within western-style markets and the rule of law. The effect of all this capital inflow is likely to be profound, as Asian independent broker CLSA points out in the release of two research reports: ‘The Two Donalds: Boomtown revisited’ and ‘Macau Mania: the real deal’.
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