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China

Five-star hotels downgraded

BEIJING: The five-star ratings of five hotels in China have been revoked due to problems found during secret investigations by the Culture and Tourism Ministry.

Business

China factor missing from Bursa Malaysia

PETALING JAYA: Warming relations between China and Malaysia, along with the resurrection of China-linked projects such as the RM44bil East Coast Rail Link (ECRL) and the RM140bil Bandar Malaysia project, are catalysts that have yet to be factored into the Malaysian stock market.