Vermont doesn’t have the star power of Arnold Schwarzenegger to help it pull in business with China. The movie-star-turned-California governor received rock-star treatment during a visit to the country last month with a large delegation of California businesses such as Silicon Valley Bank and Marvell Technology. The visit included a speech at a big annual Internet conference led by billionaire Jack Ma of China’s Alibaba Group.
Yet Vermont, one of the smallest U.S. states, has selling points of its own. A pioneer in green legislation in the U.S., Vermont will be highlighting its environment in a bid to attract more Chinese tourists and investment during a trip this month by an 18-member group of government and business leaders led by Governor Jim Douglas. Soft-spoken Douglas isn’t a body-building star in the Schwarzenegger mode, but the Middlebury College graduate has been elected four times, and was named as co-chair of the U.S. Council of Governors earlier this year by President Obama. Vermont boasts one of the lowest unemployment rates among American states.
China is one of the world’s fastest-growing sources of outbound tourists, and ski areas looking for investment and visitors stand out on a Vermont delegate list which includes including Jay Peak Resort and Stoweflake Mountain Report.
The group will arrive in Beijing on Oct. 17, travel to Shanghai on the 19th, and continue to Hong Kong on the 22nd before heading home.
A chinese gambling ring has been arrested after placing bets on the World Cup. The group of 21 gamblers were arrested following a massive crackdown on online gambling by the Chinese government. It was reported that the 21 gamblers were under constant surveillance
by the local police department for 4 months and it is alleged that they have wagered over $a300,000 at online casinos and by placing bets on the World Cup in South Africa.
The Chinese government has been cracking down on illegal online gambling since the beginning of 2010 and their doesn’t seem to be any end in sight. They are now stepping up efforts to find and prosecute individuals that place a bet on the FIFA World Cup. Up to this point, their has been over 3,600 people arrested and over $100 million in gambling funds seized by the government.
Chinese citizens enjoy gambling but they are restricted from all forms of online gambling, and the only real gambling opportunity that is available in mainland China is the national lottery.
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