Macao at 25: How 'One Country, Two Systems' transformed the SAR

[@michaelmarchal4004]

I think one country two systems for a country as large and diverse as China is actually smart.

[@fernandofernandito3055]

Hong Kong professor project and reports have the idea of combining of three markets synchronize with the recently built infrastructures like Zhuhai-Macau- HongKong bridges for quick, business, trade and jobs commuting back and forth with easy traveling within the Great Bay Area. People work in Macau and Hong Kong but live in affordable and more space housing in Zhuhai Guangdong province. Banking/financial investment, services, agriculture, manufacturing sector all synchronize creating a smooth economy and growing.

[@matogrosso555]

👍

In 1997, Singapore, Hong Kong and Macao were all tied in GDP per capita. Now Macao is 75% of Singapore, and Hong Kong 50% of Singapore. They still do okay, but can't seem to keep up.

[@JWscandi]

blatant misinformation from u dude! can't u google? 1997: ranking Singapore: $32,940 Hong Kong: $25,280 Macau: $17,500 2023: ranking Singapore: $65,422 per capita. Macau: $57,931.70 per capita, which is 459% of the world's average. Hong Kong: $53,160 per capita. 2024: ranking Macau: $78,962 (nominal), $125,510 (PPP) Singapore: $65,422 Hong Kong: $53,165 (nominal), $75,407 (PPP)

[@fernandofernandito3055]

Population of Singapore 6 million. people vs Macu 720,000 vs HK 7.5M @JWscandi

[@fernandofernandito3055]

Here are some other countries with high GDP per capita: Luxembourg: $151,146 in 2024 Macao SAR: $130,420 Ireland: $127,750

@@JWscandi Yeah your numbers are BS.

[@fernandofernandito3055]

Good observation, Macau is different market because of it's structure and smaller area therefore the gaming industry help their gdp. Hong Kong lack the agriculture comparing to Singapore diversity of industry of manufacturing, service and agriculture that people immigrated from mainland and near by neighborhood in Asia.

[@anlemendez1301]

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