MGM China highlights local commitment amid geopolitical tensions

President Kenneth Feng says the company remains a “very local” operator focused on Macau’s economic diversification despite US-China trade strains.

Macau.- MGM China president and executive director Kenneth Feng has stressed that the company is a “very local” operator, distancing its Macau business from trade tensions between the United States and China. Speaking to CNBC, Feng said MGM China “does not receive any particular pressure” related to its US ownership and remains focused on strengthening ties with local authorities and residents.

Feng noted that 70 per cent of MGM China’s 14,000 employees are Macau residents, with most of the remainder coming from mainland China. The company has pledged over US$2bn this decade to support Macau’s economic diversification, which Feng described as central to its long-term vision. “We are trying to help the government to diversify the economy,” he said.

The executive pointed to sports and entertainment events as vital for attracting “quality visitors.” MGM’s Cotai property includes a 3,000-seat theatre hosting concerts and sporting events, and Feng praised other operators for contributing to Macau’s broader appeal. “Events held by one operator can benefit all six,” he said.

His comments come amid renewed tariff tensions, with the US announcing new measures on Chinese exports. Analysts warn that rising political friction could complicate investment plans for American-linked operators such as MGM, Wynn, and Sands.

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President Kenneth Feng says the company remains a “very local” operator focused on Macau’s economic diversification despite US-China trade strains. Macau.- MGM China president and executive director Kenneth Feng has…