The Chinese Ministry of Commerce approved 19 Macau-funded investment projects in October, a decrease from the 35 projects approved one month before. In September, Macau investment projects in the mainland had reached the highest figure since June 2011. The value of the investments in October also declined by one-third to US$40 million (MOP320 million), our sister publication Business Daily reports. In the first 10 months of this year, the number of Macau investments in the mainland stood at 230, one more than in the equivalent period last year. However, the value of these investments was US$470 million, down by 13.3 percent year-on-year.
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