Beijing

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Beijing (pronounced /beɪˈdʒɪŋ/ or /beɪˈʒɪŋ/), also known as Peking (pronounced /piːˈkɪŋ/ or /peɪˈkɪŋ/), is a metropolis in northern China and the capital of the People's Republic of China. Governed as a municipality under direct administration of the central government, Beijing borders Hebei Province to the north, west, south, and for a small section in the east, and Tianjin Municipality to the southeast. Beijing is one of the Four Great Ancient Capitals of China. Beijing is China's second largest city after Shanghai, with more than 17 million people in Beijing's area of jurisdiction. The city is divided into 16 urban and suburban districts and two rural counties; the city's urban area has about 13 million residents. Beijing is a major transportation hub, with dozens of railways, roads and motorways passing through the city. It is also the destination of many international flights arriving in China. Beijing is recognized as the political, educational, and cultural center of the People's Republic of China, while Shanghai and Hong Kong predominate in economic fields. The city hosted the 2008 Olympic Games.
Full description of Beijing at Freebase
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Hall of Prayer for Good Harvests, the largest building in the Temple of Heaven

Hall of Prayer for Good Harvests, the largest building in the Temple of Heaven
Source: Attributed to flickr user Saad Akhtar

Pagoda on the Fragrant Hills, Beijing

Pagoda on the Fragrant Hills, Beijing
Source: Freebase, licensed under CC-BY

Summer Palace, Beijing

Summer Palace, Beijing
Source: Freebase, licensed under CC-BY

An aerial view of the Forbidden City, Beijing

An aerial view of the Forbidden City, Beijing
Source: Freebase, licensed under CC-BY

The government now faces a difficult choice: maintain the pro-growth policy bias and risk inflation pushing past its target, or make decisive moves toward tightening policy and risk choking off the recovery
Although February CPI rose faster than before, it is still mild to moderate.
So far there is no overheating in the economy
People are also demanding higher wages.

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