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A Housing Frenzy Bedevils Beijing

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BEIJING—When a rumor spread in June 2015 that the Beijing city government would move most of its offices—potentially 400,000 workers—to the sleepy suburb of Tongzhou, property sales there doubled within weeks. Authorities confirmed the rumor…

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The murky beginnings of a new Canadian bank

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… principal investor in Wealth One Bank of Canada misrepresented his credentials on the bank’s website, claiming he was a senior ranking member of China’s legislature and an advisory body to that country’s leaders. Wealth…

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