Macau, mainland trade down 11pct

Trade between Macau and mainland China decreased by 11.2 percent year-on-year to US$1.37 billion (10.96 billion patacas) in the first five months of the year, the Ministry of Commerce said. Mainland exports to Macau dropped 4.7 percent to US$1.28 billion from January to May over the same period last year. Macau exports to mainland China totalled US$90 million, 54.8 percent less than a year prior. In May alone, trade between Macau and mainland China decreased 1.6 percent to US$270 million over that of the previous month. Figures also show that 127 Macau investment projects in the mainland were approved. This represents an 11.4 percent year-on-year increase. Total Macau investment in mainland China increased by 31.7 percent to US$240 million.