A post from Simon at Simon World looks at recent speculation that the fastest growing economy in the world is not to be found in Shanghai, Chongqing, the Pearl River Delta or anywhere in China proper for that matter, but the former Portugese colony of Macau, off China's southern coast.

“If this gambling bubble ever bursts,” Simon says, referring to the city's main legalized industry, “it's not going to be pretty in Macau. In the meantime, why isn't the Macau government getting ready for an IPO?”