Political scientist: Macau may face impact from new China corruption law

A proposed Chinese law targeting cross-border corruption could have implications for Macau, particularly for companies and individuals operating across mainland China and international markets with illicit assets, political scientist Sonny Lo Shiu Hing said. “The law covers not only corruption but also money laundering in areas external to China, which can be interpreted to include both Hong Kong and Macau,” Lo told the Times. However, Lo said the proposed legislation is unlikely to affect Macau’s role as a tourism and gaming destination or its integration with Hong Kong and other cities in the Greater Bay Area. China’s top legislature has […