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Beijing Capital's boss detained

The general manager of Beijing Capital Group, one of the city government's most powerful companies, faces questioning over the corruption scandal that has already seen Beijing's vice-mayor removed from office. As head of Capital Land, Liu Xiaoguang � who has not been charged with any offence � was in charge of China's sixth-largest real estate developer and also had responsibility for numerous construction, financial services and water treatment projects. Disgraced vice-mayor Liu Zhihua was in charge of construction for the 2008 Olympics and the investigation is likely to focus on a piece of land next to Olympics venues, the Financial Times reported. The 39,000 square-kilometer site, which is set to include an office block, a hotel and apartments, was due to be developed by a joint venture including US firm AC Morgan Investment. However, earlier this month, Beijing Capital said it would be taking over the site.

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