Fitch Ratings upgrades MGM China<\/a><\/p>\n\n\n\nPresident Xi said: \u201cI was asked a question about how China and the US have elements of each other within themselves. It\u2019s all about exchange. Through exchange and cooperation, eventually, integration occurs, leading to the mutual inclusion of elements from each side.<\/p>\n\n\n\n
\u201cThe history of China-US relations is a chronicle of friendly interactions between the peoples of the two countries. It was written by the people in the past and must continue to be shaped by the people of both nations in the future. Individuals from all sectors of both countries should engage more, communicate more and cooperate more.\u201d<\/p>\n\n\n\n
The presence of Bill Hornbuckle is suggestive of a positive stance towards Macau<\/strong>, where MGM operates two integrated resorts. MGM’s ventures in China extend beyond gaming, with a joint venture, Diaoyutai MGM Hospitality, operating hotels in several cities, including Shanghai, Chengdu, and Nanjing, with plans for further expansion. Hornbuckle expressed pride in MGM\u2019s support for \u201cUS-China relations through increased bilateral travel and tourism<\/strong>\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"Hornbuckle was one of the members of the US delegation that met with the Chinese president last week.<\/p>\n","protected":false},"author":226,"featured_media":17390,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"A US business delegation, including MGM Resorts CEO Bill Hornbuckle, met with Chinese President Xi Jinping, signaling a potential de-escalation in US-China relations and emphasizing mutual cooperation. For MGM, this engagement underscores a positive outlook for its integrated resort operations in Macau and broader hospitality ventures in China, highlighting the importance of bilateral travel and tourism.","focusai_entities":"Bill Hornbuckle, MGM Resorts, Xi Jinping, Blackstone Group, Stephen Schwarzman, Qualcomm, Cristiano Amon, FedEx, Raj Subramaniam, Chubb, Evan Greenberg, Bloomberg, Mark Carney, National Committee on US-China Relations, Stephen Orlins, US-China Business Council, Craig Allen, MGM China, Diaoyutai MGM Hospitality","focusai_location":"China, US, Beijing, Macau, Shanghai, Chengdu, Nanjing","focusai_target_profile":"ceo_executive (0.95), operator_casino (0.9), investor_analyst (0.95), journalist_researcher (0.85), supplier_vendor (0.7)","focusai_suggestions":[{"label":"Macau Concessionaire Impact","query":"What specific policy or regulatory shifts could emerge in Macau's gaming sector as a direct result of improved US-China diplomatic and business relations, and how might this influence concessionaire performance and capital expenditure plans?"},{"label":"MGM China Growth Strategy","query":"Beyond the current hospitality ventures, what are the strategic implications for MGM's long-term expansion plans in mainland China, particularly concerning non-gaming integrated resort developments, given this high-level engagement and emphasis on bilateral tourism?"}],"footnotes":""},"categories":[157,16338],"tags":[16615],"class_list":["post-777014361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-mgm-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777014361"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014361\/revisions"}],"predecessor-version":[{"id":777014378,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014361\/revisions\/777014378"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17390"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777014361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777014361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777014361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}