Tag

Macao

All articles tagged with #macao

China's $6.7B 15-mile bridge: Ambitions and Problems.

Originally Published 2 years ago — by Yahoo News

Featured image for China's $6.7B 15-mile bridge: Ambitions and Problems.
Source: Yahoo News

China's $6.7 billion Shenzhen-Zhongshan Bridge, at 15 miles long, eight lanes wide, and featuring artificial islands and an undersea tunnel, is set to open next year and will form a central plank in China's master plan to develop its Greater Bay Area into an economic and technological hub that can rival San Francisco, New York or Tokyo. However, the building of these giant bridges in such close proximity is testament both to China's growing ambitions on the global stage and the problems it faces in realizing them, including the disparate nature of, and barriers between, some of the cities involved.

Japan greenlights first casino resort in bid to boost tourism.

Originally Published 2 years ago — by The Washington Post

Featured image for Japan greenlights first casino resort in bid to boost tourism.
Source: The Washington Post

Japan has approved plans for its first casino, which will be part of a $8.1 billion "integrated resort" on an artificial island in Osaka. The resort is expected to open in 2029 and attract 20 million visitors annually. The casino is partly backed by MGM Resorts International and Japan's Orix Corporation. The move marks a significant shift in a nation that prohibited casino gambling until 2018 and is seen as one of Asia's largest untapped casino markets. However, the plans have split the public, with some concerned about a rise in organized crime, gambling addiction, and the use of public resources.