The CCP Extends the Closure Order of Macau Casinos to Prevent Funds From Fleeing

The Foreign Exchange Reserves of the Chinese Communist Party (CCP) are facing depletion due to the international community’s rejection. The grand scam of CCP’s “Belt and Road” has failed completely without funding sources. This will trigger a series of debt defaults and even bankruptcy for many participating countries.CCP’s Macau casino closure order, scheduled to expire on Monday, July 18, will now be extended until Friday, July 22.

 The Chinese Communist Party has restricted people from going out in Macau since the CCP virus (COVID-19) pandemic outbreak. All businesses have been ordered to close, allowing only supermarkets and essential life services. The CCP operated this way because of the complete collapse of the CCP’s domestic property market and banking sectors, and domestic funds have accelerated their flight. The Macau gambling industry, which has always been a profitable means of laundering money for Communist China, was severely controlled by the CCP.

 As we all know, the CCP’s domestic political struggle has never ceased, and the gang competition for power has been close to intensifying recently. But each faction is not ironclad. The powerful and fighting parties with their own interests are looking for a way out after the failure of the competition. As the dominating faction, the CCP’s leader Xi Jinping has implemented the strictest foreign exchange control to prevent his gang’s internal collapse and firmly control his subordinates’ economic lifeline. On the other hand, Xi must speed up the plundering of funds held by his rivals to increase his strength for the 20th Congress.