INTERNET LAW - Filing For Industrial Property Protection In Macau, China | | Kelly O'Connell, IBLS Editorial Department |  |
| | Macao is a small territory set on the southern coast of China, located not far from Hong Kong. It was colonized by the Portuguese in the 1500's and became the first European settlement in the Far East. Macao's treaty stipulated the territory would return to Chinese control. Therefore, on December 20, 1999, it changed names to the Macau Special Administrative Region (SAR) of China.
The agreement that returned the region to China also stipulated it would remain under a "one country, two systems" formula. Consequently, the Chinese socialist economic system will not be practiced in Macau and great autonomy will exist, save for decisions on foreign relations and defense affairs for the next 50 years. The area is set on several islands about a sixth the size of Washington, DC, USA. Yet, tiny Macau is currently undergoing one of the greatest casino-building booms the world has ever seen.
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