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Chinese reports about a giant inflatable toad have been deleted from the Internet after social media users compared the puffed-up animal to a former Communist Party chief. The installation of a giant inflatable duck in Hong Kong's harbour last year sparked a national craze for oversized blow-up wildlife, with several Chinese cities launching their own imitations. The latest, a 22-metre-high (72-feet) toad, appeared in a Beijing park last weekend, but met with mockery from social media users who compared its appearance to that of former President Jiang Zemin. The website of China's official Xinhua news agency and popular web portal Sina had deleted their reports on the animal -- seen as a symbol of good fortune in traditional Chinese culture -- by Wednesday.
WASHINGTON (AP) — Regulators are expected to vote Wednesday to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors.