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2014 factory output for December expanded at its slowest rate in 18 months, and new home prices are still stagnant or falling in more than 90% of the 70 most important cities in the country.Here are the dismal numbers – The stocks of the six casino concessionaires in Macau saw an average drop of 40% in 2014. But that’s another story altogether....
But the overall economic downturn in the Chinese economy may well be more of a force in the year-end numbers.5% growth target for the first time since 1999 – when China shined like a star in the dark night of the Asian financial crisis. A shrinking, or less robust economy will certainly drive the numbers at the casinos....
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