The Australian
Sinosteel's bid for outback uranium
THE Chinese have moved to buy into Australia's booming uranium industry, with steelmaker Sinosteel yesterday applying to develop a $160 million mine in the South Australian outback, posing a further challenge to foreign investment controls. The cashed-up Beijing-based consortium is eyeing opportunities in Australian resources, testing the Government's will to regulate Chinese investment in the sector.
The Age
Post-Games trip bonanza
Prices have dropped for travel to China, writes Jane E. Fraser, but you'll need to be quick out of the blocks. If images of China captured your imagination during the Olympic Games, keep an eye out for special deals on post-Olympic travel.
Asia Times Online
China cozies up to Seoul
By Jing-dong Yuan
MONTEREY, California - Chinese President Hu Jintao's two-day visit to South Korea last week served to further consolidate a "strategic cooperative partnership" that the leaders of the two countries announced during President Lee Myung-bak's trip to China in May.
Macau becomes a not so sure bet
By Muhammad Cohen
HONG KONG - For the past five decades, a Macau casino concession has been licensed to print money. In the past few months, printing money has become less profitable and less satisfying.
This week's opening of Cirque du Soleil's new Zaia show at the Venetian Macao is a reminder that Macau has gone from a sure thing to a risky high-wire act. Casinos in the former Portuguese enclave are facing plunging growth and tumbling share prices, while squabbling with each other over their shares of the golden goose. Gaming revenue is still on track to obliterate records again this year, yet it feels as if Macau's winning streak is over.
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