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China auto sales up nearly 14% in 2013: industry
China's auto sales smashed through the 20 million mark last year, growing nearly 14 percent and extending its lead as the world's biggest car market, an industry group said Thursday. ... more
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China has world's most outbound tourists
Nearly 100 million Chinese tourists visited foreign countries last year, and they are likely to extend their lead as the world's biggest-spending travellers, state media reported Thursday. ... more
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China online marketplace Taobao to ban Bitcoins
China's largest online marketplace, Alibaba Group's Taobao, said Wednesday that it would ban the trading of Bitcoin and other virtual currencies from January 14, after a government crackdown on the units. ... more
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China's Fosun buys Portuguese insurer in privatisation
Portugal said Thursday it had picked Chinese conglomerate Fosun to buy up to 80 percent of the insurance arm of public bank Caixa Geral de Depositos, as part of an EU-IMF ordered privatisation drive. ... more
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