Macau’s reliance on income from gambling is a cause for concern. Photo: Bloomberg

US-China trade war could push Macau’s growth below 4 per cent this year, IMF warns

  • Macau’s economy has already been hit by slower Chinese growth and government efforts to crack down on VIP big-money gambling
  • IMF recommends Macau develop into financial clearing centre for Portuguese-speaking countries like Brazil, Angola and Portugal
Topic |   China economy

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Macau’s reliance on income from gambling is a cause for concern. Photo: Bloomberg
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.