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MGM in talks to build hotels, resorts in China

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From the Associated Press

Casino operator MGM Mirage Inc. said it was talking with Diaoyutai State Guesthouse in Beijing to create a joint venture to develop luxury nongambling hotels and resorts in China.

Las Vegas-based MGM Mirage announced similar talks last week with United Arab Emirates-based Mubadala Development Co., also to develop nongambling resorts.

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