Economy Of MACAO Continue Expand,But Begin To Face Global Financial Crisis
Posted on Dec-02-2008· by china investor
MACAO said their GDP expanded 11.3 percent in Q3,it is a good number for many area,but this number is lower than last years.The main industry –local game,growth with 28% in Q3,but this number is 48% in Q2 and 62% in Q1.And,visitor custom only growth with 4%,It seems MACAO ‘s gaming industry can not avoid from global financial crisis.
MaCAO’s investment reduce 25%,it is the four quarters local that investment keep declined,escpecially government investment.MACAO’s local custom increased 5.1%,lower than last quarters too.
So ,MACAO need begin to think about how to avoid global financial crisis,how to keep economy increast?It seems the goal can not realize only by local gaming industry.
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