Macau Introduction 2001
SOURCE: 2001 CIA WORLD FACTBOOK
Colonized by the Portuguese in the 16th century, Macau was the first European settlement in the Far East. Pursuant to an agreement signed by China and Portugal on 13 April 1987, Macau became the Macau Special Administrative Region (SAR) of China on 20 December 1999. China has promised that, under its "one country, two systems" formula, China's socialist economic system will not be practiced in Macau and that Macau will enjoy a high degree of autonomy in all matters except foreign and defense affairs.
NOTE: The information regarding Macau on this page is re-published from the 2001 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Macau Introduction 2001 information contained here. All suggestions for corrections of any errors about Macau Introduction 2001 should be addressed to the CIA.