Chinese President Xi Jinping has urged the casino hub of Macao to diversify its economy as he swore in the former Portuguese colony’s new government at an event marking the 25th anniversary of its handover to China.

China’s leader Xi Jinping landed in Macao Wednesday ahead of events marking 25 years since the city was returned to China from Portugal.

On Dec. 16, U.S. President-elect Donald Trump nominated his former ambassador to Portugal, George Glass, to be his next ambassador to Japan—adding another China hawk to his team.

Chinese-owned vineyard brews success in Portugal's wine industry (Voice_over) When Wu Zhiwei and his wife Lao Chaopeng visited Portugal in 2013 they fell in love with the country. A Macao entrepreneur and construction expert,

Storyline: The implementation of "One Country, Two Systems" policy in the Macao Special Administrative Region is undoubtedly a great success, making the region a bond linking China and the Portuguese-speaking world,

It has been 25 years since Portugal handed back Macau to China. Beijing vowed to govern Macau under its ‘One Country, Two Systems’ formula – the same as Hong Kong. The city on the Pearl River on China’s southern coast,

Chinese President Xi Jinping speaks during the inauguration of Sam Hou-fai, newly sworn in for Macao's chief executive, marking the 25th anniversary of Macao's handover from Portugal to China ...

President-elect Donald Trump has announced these picks for top White House staff positions, ambassadors and department heads to fill his incoming administration.

China and India have sought in recent weeks to ease a tense military standoff along their mountainous frontier. The drawn-out standoff, triggered by China’s furtive encroachments on the icy borderlands of India’s Ladakh region in 2020, has fostered rival military buildups and intermittent clashes along the Himalayas.

Xi Jinping has called for Macau to prioritise economic diversification as its “first” hope as he wrapped up a three-day tour of the Chinese gambling hub to mark the 25th anniversary of its handover from Portugal.

In the current global market environment, characterized by cautious Fed commentary and political uncertainties, investors are navigating a landscape where U.S. stocks have experienced declines despite strong economic data.

On this day exactly 25 years ago, the small island city of Macau officially returned to Chinese administration following more than 400 years of Portuguese management. Edited by Andy Boreham.