UPDATE 1-Pelosi hails Taiwan’s free society as China holds military drills, vents anger


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(Adds fresh quotes, Taiwan cabinet, and Japan expressing concern) By Yimou Lee and Sarah Wu TAIPEI, Aug 3 (Reuters) - China furiously condemned the highest-level U.S. visit to Taiwan in 25 years as House of Representatives Speaker Nancy Pelosi hailed the self-ruled island as "one of the freest societies in the world" in a speech to the parliament in Taipei on Wednesday. Beijing demonstrated its anger with Pelosi's presence on an island that it says is part of China with a burst of military activity in the surrounding waters, and by summoning the U.S. ambassador in Beijing, and announcing the...