Macau Casino Stocks Reacts to China

China announced on Friday that it is easing entry procedures for foreign visitors. Macau quickly announced that it, too, would follow the Communist Party in relaxing its border restrictions.





Important Macau News

Macau, along with Hong Kong, is one of China’s two Special Administrative Regions (SAR). Macau follows Beijing’s “one country, two systems” policy.

Macau is indeed a self-governing haven which has its own government, court system, and financial system. Nonetheless, Macau is internationally protected by the continent. In exchange, Macau continues to follow China’s top spot on global security precautions related to the pandemic.

The ease with which foreigners can enter China and Macau is a significant development for the SAR’s six casino operators.



Blitz Folded Testing

Macau also announced on Friday that it will no longer conduct regional mass testing rounds. In the past, the SAR did order various such diagnostics blitzes inside the incident of latest COVID-19 groups.

The global epidemic adjustments must increase foreign visitors to China and Macau slightly, but meaningful travel figures aren’t anticipated until the quarantine is pulled totally.

Chinese folks are indeed looking forward to the repeal of “zero-COVID”. Residents informed the Associated Press this week that they are sick of living their lives with a smartphone app that tells them where they can and cannot go.