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China’s Hainan mulls $3bn medical tourism hub

  Bloomberg On the hilly and tropical island of Hainan, local officials and companies are investing billions of dollars to transform a string of riverside villages into a medical tourism destination. Their aim? To lure wealthy Chinese patients, who might otherwise venture overseas, to this province in the South China Sea known for its beach-front resorts. To do so they ...

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Japan’s labour shortage prompts reversing shift to ‘temporary workers’

  Bloomberg Japan’s tightest labor market in decades shows signs of reversing a long shift toward the hiring of temporary workers. The number of full-time, permanent workers is rising for the first time since the global financial crisis, outpacing growth in temporary jobs over the past two years. “The labor shortage has become so bad that companies can’t fill openings ...

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Hong Kong trims power returns to 8 percent

  Bloomberg Hong Kong will cut the size of returns its power utilities are allowed to make to 8 percent under a 15-year plan it hopes will help wean the city off coal while keeping electricity bills down. CLP Holdings Ltd. and HK Electric Investment Ltd. signed a new so-called Scheme of Control with the government after more than a ...

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