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"More PLA drills mean more military jet crashes" as China ramps up combat readiness

The crash of a fighter jet in eastern China on Wednesday will almost certainly be followed by similar accidents as the ­People’s Liberation Army ramps up training to improve combat readiness, military analysts said.

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China Minsheng New Energy sets sights on 8 per cent share of China's solar power market

China Minsheng New Energy Investment, the solar and wind power unit of Shanghai-based private equity firm China Minsheng Investment, aims to boost its solar farms' installed capacity more than sevenfold this year despite grid capacity bottlenecks that have limited generation growth in some regions.

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New mainland panda park free for Hongkongers as show of gratitude for city's support after Sichuan earthquake

A panda park and a highway funded by the Hong Kong government in Wolong opened on Wednesday, breathing new life into the area devastated by the Sichuan earthquake of 2008 – and, in a show of gratitude, the park will be free for visiting Hongkongers.

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Former students call for full inquiry into "suspicious" death of Beijing university alumnus in police custody

A group of former students from a top university in Beijing is calling for a thorough investigation into the death of a graduate following his arrest for allegedly soliciting a prostitute.

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Concerns over government censoring report on lead-in-water scandal: "We need an answer"

The government is considering whether to release a full report on last year’s tainted water scare that affected about 29,000 households on 11 public housing estates, or if it should redact certain information before release.

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Hong Kong billionaire Li Ka-shing's Hutchison blocked from buying British mobile operator

The European Commission has rejected the proposed £10.25 billion (HK$115.14 billion) acquisition of British mobile network operator O2 by tycoon Li Ka-shing’s CK Hutchison Group, which said it would consider a legal challenge.

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Pop-up Hong Kong mall near border with Chinese mainland could open in August

A proposed pop-up shopping centre near the border could open in August now that the project has been approved by the Buildings Department.

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Shareholders slam Cathay Pacific for declining premium image and fat management bonuses

Shareholders of Cathay Pacific Airways came down heavily on the management at its annual general meeting for its declining image as Hong Kong’s premium airline and the big bonuses received by its management despite the poor performance of the company’s stock.

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Xi Jinping's stance on China's economy laid bare as he distances hallmark policy from Western-style supply-side economics

An explanation of President Xi Jinping’s hallmark economic policy, in his own words, was ­published in People’s Daily yesterday – just one day after it printed an interview with an unidentified “authoritative” source repudiating China’s debt-fuelled growth policies.

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Get accredited! Hong Kong to unveil voluntary scheme for health professionals after police crackdown on beauty salon

According to a Food and Health Bureau paper submitted to lawmakers yesterday,the government will provide financial resources, including operational costs, for the scheme to be implemented. But the regulatory body will have to operate on a self-financing basis.

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Legco budget debate collapses for third time in three weeks

The Legislative Council budget debate ground to a halt for the third time in as many weeks as too few lawmakers were present in the chamber on Friday, threatening not just to delay approval for public spending but also to add to the backlog of bills to be passed.

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CY Leung claims no plans afoot to reinstate multiple-entry visa scheme for Shenzhen residents

Hong Kong’s top official made clear on Tuesday the government had no plan to reinstate a multiple-entry visa scheme for Shenzhen residents, days after a tourism association quoted him as saying the government was ready to do so if Hongkongers stopped mistreating visitors from the mainland.

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Alibaba's Jack Ma overtakes Wanda's Wang Jianlin as Asia's richest man

Alibaba Group chairman Jack Ma Yun overtook Dalian Wanda’s Wang Jianlin as Asia’s richest man after the e-commerce giant’s financial affiliate raised a record amount in its latest round of fundraising.

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China pollution scandal: air, water in school near toxic site normal, say officials

The quality of air and water near a school hit by a pollution scandal in which nearly 500 pupils have fallen ill, is “normal”, Chinese authorities say – though environmentalists and parents remain sceptical.

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New study finds explosion in childhood obesity in China "worst ever"

Thirty years ago, for every 100 children and adolescents you came across in China, you’d be hard pressed to find even one who was obese. That situation has drastically changed: in 2014, about one in six boys and one in 11 girls were obese, a new study shows.

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China may loosen bad-loan provision rules, Construction Bank chairman says

The head of a mainland China bank has signalled confidence that the central government will loosen requirements for lenders’ bad-debt provisions, a move that could help them to report larger profits.

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Property analysts flag concern as developers fuel buying frenzy for land sites in China's second-tier cities

A building site in Xiamen fetched a record price at auction last week, as Poly Real Estate outbid 30 developers.