With American moguls pouring in billions, the Chinese are building another Strip on the South China Sea. AFEW BLOCKS FROM MACAO'S eerily vacant international airport, the wind blows a bamboo basket through wild grass. Meanwhile, on the other side of the world, Las Vegas tycoon Sheldon Adelson sketches his vision for this weedy swath of Macao: a 120-acre, 10 billion dollar "Cotai Strip" of 20 casino-resorts with up to 3,000 rooms each, operated by big chains like Hilton and Marriott. The anchor hotelwill be a reproduction of the Venetian, one of Adelson's Vegas casinos, with opera-singing gondoliers plying a man-made canal, stores masquerading as Italian palazzos, a spa, a museum and so on. "Our advertising will say: 'Asian Las Vegas'," says Adelson.
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