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China to prosecute 20 involved in troubled metal exchange

REPUBLIKA.CO.ID, BEIJING -- Police in the Chinese city of Kunming said on Monday they would prosecute 20 people involved with the Fanya Metals Exchange, which authorities and investors say was a multi-billion-dollar Ponzi scheme.After months of protests, dozens of investigators took over the Kunming-based Fanya exchange building late in 2015, and this year police arrested the head of the...

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Taiwan firm's concrete temples save worshippers time and money

REPUBLIKA.CO.ID, TAIPEI -- Some companies in Taiwan spend months building temples with bricks and cement, but Lin Fu-Chun's firm simply pours concrete into a giant mould and waits for it to dry.The 78-year-old Lin said his temple factory, Chuanso, needed just over six weeks to finish a building that normally took six months with conventional methods - and moulding...