Prof. Sili Zhou
Macau Daily Times
The recently issued “America First Investment Policy” (AFIP) memorandum from the US may significantly affect the cross-border investments of Macao’s gaming companies and the technological collaborations between Macao and Chinese universities.
Prof. Sili Zhou, Associate Professor at the Faculty of Social Sciences at UM and a member of the Macao Economy team at APAEM, provided his insights on the AFIP’s impact on Macao in an interview with Macau Daily Times.
Prof. Zhou highlighted that the memorandum aims to protect US economic security by restricting investments from China, including Macao and Hong Kong, in critical sectors. This could affect Macao’s gaming giants, such as Sands China and Galaxy Entertainment, as well as technical collaborations that involve US technologies. Additionally, Macao’s banks and payment platforms may risk exclusion from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) if they serve sanctioned entities. The AFIP aligns with US President Trump’s “America First” principles, which priorities the promoting domestic industries and the enhancing need of US security.
For further details, please read the original news via this link.