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The Hot Zone
China's newly announced air defense identification zone over the East China Sea aims to shore up national security
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Budget Proposal
Hong Kong Financial Secretary John Tsang attends a press conference after unveiling the budget proposal for the 2012-2013 fiscal year in Hong Kong, south China, on February 1, 2012. According to Tsang, the city's economy is expected to expand 1 to 3 percent in 2012 and the underlying inflation rate is to stand at about 4 percent (XINHUA)


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