White House Designates Macau as Foreign Adversary
The White House has designated Macau as a “foreign adversary” and imposed restrictions on individuals linked to the SAR, Hong Kong, and mainland China from investing in critical American industries such as technology, infrastructure, and energy.
LISTEN TO THIS ARTICLE:This decision, which was taken by Donald Trump, a long-term critic of China, also bans American investments in China’s military-industrial sector. The restrictions also cover key areas such as artificial intelligence, quantum computing, biotechnology, aerospace, advanced manufacturing, and other tech-related industries.
Macau Mentioned in white House Memo
Macau is specifically mentioned once in the White House memo, grouped with Hong Kong, the People’s Republic of China (PRC), Cuba, Iran, North Korea, Russia, and Venezuela under the “foreign adversaries” designation.
In the memo, Trump argues that Chinese companies are using a variety of methods to access US capital markets. These include raising funds through the sale of securities on American and international stock exchanges, influencing financial index providers to include Chinese securities in investment portfolios, and using other tactics to benefit from US financial systems and associated advantages.
Related: Experts Predict Macau’s Gaming Industry Will Rebound in 2025
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Impact on Gambling Operators Unclear
The document also states that the administration will fast-track environmental reviews for any domestic investment exceeding $1 billion. Furthermore, new rules will be implemented to prevent PRC-affiliated individuals from acquiring important US assets and businesses unless the investments clearly serve American interests. This includes restrictions on the purchase of real estate near sensitive locations.
The immediate impact on US-facing gambling companies operating in Macau is unclear. So far, many of these operators have largely avoided becoming caught up in the political tensions between the US and China. However, several top casino executives in Macau, including those from US-based parent companies, are affiliated with the Chinese People’s Political Consultative Conference (CPPCC), which means that they may find themselves facing increased scrutiny.
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