Security is name of game in Macao as Xi marks 25 years since handover

Chinese president urges casino capital to spread its economic bets

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Chinese President Xi Jinping hails the success of Macao under the "One Country, Two Systems" formula in a speech on Dec. 20. © AP

KENJI KAWASE, Nikkei Asia chief business news correspondent

MACAO -- The former Portuguese colony of Macao celebrated the 25th anniversary of its handover to China on Friday under pervasive security, with President Xi Jinping and his wife, Peng Liyuan, in town to mark the occasion.

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