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Old 4th October 2008, 08:29 AM
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Re: So the people on 66.cn etc are running crazy........

Quote:
Originally Posted by markits View Post
I however have not investigated into the reason why the auction prices are that high.

One thing is for sure that Chinese businessmen are very smart.

The reason is simple, anyone can participate in the auctions until the last second. There's a lot of "pushing", the trick is to push as high as possible, but yet not end up as the last one - who is paying. lol
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