US firms welcome, but must accept ‘one country, two systems’

The Macau SAR Government is welcoming the expansion of business in Macau by U.S. companies, providing that such companies recognize the principle of “one country, two systems” and the Macau Basic Law.

The statement comes after a group of foreign brands were criticized by Chinese consumers for implying that Taiwan, Hong Kong and Macau did not belong to China. The brands, many of them in the luxury clothing sector, have already apologized for such claims.

Chief Executive, Chui Sai On, met three members of the United States Congress on Saturday, and expressed that he looked forward to expanding cooperation between the two regions.

The 14-member delegation which paid a one-day visit to the SAR included congresswomen Dina Titus, Ann Kirkpatrick, and congressman Alan Lowenthal.

“Macau’s adherence to the ‘one-country’, principle while taking advantage of the “two-systems” model, created conditions whereby Macau could promote multilateral cooperation,” said the Chief Executive, as cited in a statement issued by the Government Information Bureau.

Chui also noted U.S. companies with a presence in Macau had contributed to the city’s economic growth.

In the meeting, held at the Government Headquarters, Chui expressed his hope that the visit would help raise awareness about the city’s economic development, and knowledge of the SAR’s appeal in terms of tourism and culture.

Congresswoman Titus noted that the Guangdong- Hong Kong-Macau Greater Bay Area initiative has similarities to Silicon Valley in the U.S.

The congresswoman voiced her belief that the U.S. and China – including the Macau SAR – could have greater dialogue in terms of trade, economic affairs and education.

She also stated the delegation had visited local casino properties run by U.S. companies and witnessed development opportunities available in Macau.

Congresswoman Titus mentioned during the meeting with Chui that the Sino- U.S. trade war was a lose- lose situation; noting it not only affected the exchange of trade and products but also exchanges regarding people, tourism and culture.

Following the meeting with the Chief Executive, the U.S. Congress delegation also met with the Secretary for Social Affairs and Culture, Alexis Tam, to exchange views about how to bolster cooperation in cultural affairs and tourism.

The delegation additionally paid a visit to the Ruins of St. Paul’s and to Na Tcha Temple. LV