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Xi aims to give Czech ties a boost

President Xi Jinping's historic visit to the Czech Republic, which starts on Monday, is expected to "renew and energize" bilateral ties, with more than 20 documents on cooperation due to be signed.

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'Zombie companies' adjust to new reality

As overproducing and unprofitable businesses in the ship building, mining, steel and cement industries are forced to close or downsize, employees come to terms with the change and look toward the future. Xinhua News Agency and Du Juan report.

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Car-hailing companies' subsidies unfair competition, minister say

The minister of transport criticized car-hailing app operators on Monday for the subsidies they offer to users, describing the practice as unfair competition.

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“No bailout funds exit” remark boosts HK stocks

Hong Kong stocks rallied on Monday on the back of sharp gains on the Chinese mainland as investors took heart from remarks by the securities regulator’s chief that government bailout funds would not be withdrawn for the time being.

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HK on sukuk bandwagon ahead of Silk Road revival

Hong Kong’s possible third Islamic global bond in three years brings it closer to Indonesia and Malaysia in terms of sovereign sukuk presence, a boost to the market that coincides with the nation’s Silk Road revival.

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HK role as tourism, legal services center stressed

Hong Kong should be promoted as China's tourism and legal services center in the country's Belt and Road Initiative, said Chinese People’s Political Consultative Conference (CPPCC) National Committee members from the Business and Professionals Alliance for Hong Kong (BPA).

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Science Park sees 2020 finish for HK$4.4b plan

The Hong Kong Science & Technology Parks Corporation (HKSTP) says its Phase I expansion plan could be completed in the 2019-20 financial year, if the Legislative Council Finance Committee approves its HK$4.4 billion funding request.

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Teachers to step aside for virtual learning

Education experts are pressing the case for online learning programs, to improve traditional classroom teaching by helping students to absorb and retain course materials more readily.

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Trial of student protest leader Joshua Wong for break-in begins

More than 20 witnesses will link a trio of student protest leaders to the break-in at the Legislative Council grounds — which sparked nearly three months of civil disobedience, traffic jams and disruptions to schools, businesses and trade in 2014.

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HK police meet with bookseller Lee Bo

An officer from the Hong Kong police and an officer from the Immigration Department met with bookseller Lee Bo and took his statement in a hotel room on the mainland on Monday morning.

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HK ranks 4th in number of billionaires

Despite a lackluster share market and slowing economy, Hong Kong is ranked fourth in the world in the number of residents who are billionaires, according to Shanghai-based research institute Hurun Report.

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Stolen Buddha head statue returns to Chinese mainland after 20 years

Abbot Hsing Yun, one of Taiwan's most influential monks, donated a Buddha head statue to Chinese mainland in Beijing on Feb 26, 2016.

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Premier Li tells IMF's Lagarde renminbi will stay stable

The Chinese government "has no intention to boost exports by devaluing the renminbi, not to mention waging a trade war", Premier Li Keqiang told International Monetary Fund chief Christine Lagarde during a telephone call on Thursday morning.

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China to launch new fuel price adjustment system

China's top pricing regulator is to introduce a more flexible method for pricing domestic fuel, with adjustments allowed if the international oil price fluctuates between $40 and $140 per barrel.

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Can hopes rise for the hopeless in the equity market?

Many analysts expect further monetary easing, some moves on the currency front Last week's stock-market volatility, attendant automatic triggering of the new circuit breakers and their subsequent suspension are expected to result in fresh measures by the authorities concerned this week, analysts said.

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China to overtake US to be world’s largest film market

Most movie industry observers expect China will overtake the United States to become the world's largest film market, by revenue, by 2017.

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Trading halted for the day after shares fall 7% in opening minutes

Chinese equities dived on Thursday morning, triggering the 7 percent circuit breaker, which halted trading of equities, index futures and options for the remainder of the day.