China has many tools to retaliate in the trade war against the US than only putting tariffs on commodities. The lucrative US casinos might a one, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, in Forbes.
“The risks for Sheldon Anderson’s Sands casinos are quite high,” China Market Research Managing Director Shaun Rein told Forbes. “It is quite possible that China will target his casinos specifically … It is possible they will ratchet up police surveillance of his Macau properties in order to spread fear among high rollers and even middle-class gamblers that they are being checked in on by the authorities. Or they will launch an audit of their books.
Are you looking for more experts on the ongoing trade war at the China Speakers Bureau? Do check out this list.