China investigates Shanghai officials' lavish banquet before stampede: Xinhua

January 15, 2015 2:11 AM

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SHANGHAI (Reuters) - Authorities in Shanghai are investigating allegations that officials attended an opulent riverfront banquet on New Year's Eve hours before dozens of people were trampled to death nearby, the official Xinhua news agency reported.

Caixin magazine reported on Monday that district officials dined at a Japanese restaurant on the historic Bund riverfront owned by the Shanghai government, where average prices range between $305-$628 per person.

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