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The Macau Special Administrative Region of the People's Republic of China ( ; Portuguese: Região Administrativa Especial de Macau da República Popular da China *, abbreviated as RAEM), commonly known as Macau or Macao (, or informally known as 馬交; see Names), is a small territory on the southern coast of China. Administered by Portugal until 1999, it was the oldest European colony in China, dating to the 16th century. The administrative power (in Portuguese "poder administrativo") over Macau was transferred to the People's Republic of China (PRC) in 1999, and it is now one of two special administrative regions of the PRC, together with Hong Kong. As stipulated in the Sino-Portuguese Joint Declaration of 1987 and provided for under the Basic Law of Macau, Macau is guaranteed its special administrative region status for at least 50 years starting from December 20, 1999. Macau has played a unique and influential role in relations between China and the West, especially between the late 16th and 19th centuries.

Residents of Macau mostly speak Cantonese natively; Portuguese, Mandarin, English, Fujianese, Filipino, Thai, and several other languages are also spoken. The Macanese language, which is generally known as "Patuá", is a distinctive Creole that is still spoken by several dozen Macanese, an ethnic group of mixed Asian and Portuguese ancestry that accounts for about two per cent of Macau's population. (However, Macanese is sometimes also used in the broader sense to describe any permanent resident of Macau.)

Besides historical Chinese and Portuguese world-heritage relics, Macau's biggest attraction is its gambling industry and casinos. Though many forms of gambling are legal here, the most popular game is baccarat, which generates over two thirds of the gaming industry's gross receipts. Gamblers from Hong Kong often take one-day excursions to Macau; ferry service by hydrofoil to and from Hong Kong is available 24 hours a day, seven days a week. Most gamblers come from mainland China, Hong Kong and Taiwan.

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New Macau chief Fernando Chui's hilarious Mandarin and other cautionary tales: Watch the video above closely for wh... http://bit.ly/50mUGA
Funnycrap4U (Funny Bloke) Mon, 21 Dec 2009 12:11:05 -0000
New Macau chief Fernando Chui's hilarious Mandarin and other cautionary tales: Watch the video above closely for wh... http://bit.ly/50mUGA
http://bit.ly/ZWt2a Sands can complete Macau casinos in 5 years: http://bit.ly/8xQyTE
whatsonmacau (What's On Macau?) Mon, 21 Dec 2009 12:09:34 -0000
http://bit.ly/ZWt2a Sands can complete Macau casinos in 5 years: http://bit.ly/8xQyTE
Sands to Complete Macau Projects in 2011 http://bit.ly/8B6QO7
wsjasia (WSJ Asia) Mon, 21 Dec 2009 12:07
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Banco Weng Hang - A unit of Hong Kong's Wing Hang Bank.

Monetary and Foreign Exchange Authority of Macau - The Macanese central bank and bank supervisory authority.

Tai Fung Bank Ltd - Provides information on exchange rates, interest rates, and telebanking services.

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