MACAU (Reuters) - Chinese President Xi Jinping on Saturday urged the world's biggest gambling hub, Macau, to accelerate diversification away from its bread-and-butter casino industry, which has lost about $60 billion in market value over the last six months.
Xi, in Macau to celebrate the 15th anniversary of the former Portuguese colony's handover to Chinese rule, said although it had developed rapidly, certain deep-seated problems which have existed for a long time had come to light.
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