google Chinese domain name sells for $160,000 - CNN International

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Chinese domain name sells for $160,000
CNN International - 12 hours ago
BEIJING, China (Reuters) -- A sale of Chinese Internet domain names netted more than $160,000 on Friday in what organizers said was the biggest such auction ...
Chinese domain name auction fetches record Monsters and Critics.com
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[acronym007]

I just read that, I was going to repost but you beat me, that's some exciting news.