Speymill Macau sees the upturn ahead

Macau, and its neighbour China, were insulated from the worst of the credit crunch, thanks to the financial prudence of their citizens, but they weren't immune to the global recession. Macau, which is the only place in China where gambling is legal, expects that its economy will shrink by 9 per cent this year, having grown by 13.2 per cent in 2008.

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