Me and friends registered a few quality .cn names a couple of weeks ago ( HK.com.cn Shanghai.com.cn Hongkong.com.cn ShanDong.com.cn....) , CNNIC deleted them with no reasons, and they haven't refunded domain fees until now!! Note: These domains are not reserved, they just don't give them to you.
Recently I visited a Chinese domain profession forum (
www.eachnic.com/club), all guys there agreed to stop registering any .cn names! Why? Because CNNIC is "state owned corp with bad(corruption) management. Now the Chinese domain market is big mess, domain investors don't know what they should sell. Currently there are four format domains in China : XXXX.cn - XXXX.com(net).cn - Internet Keyword and China Domain name(ÃâÃÂÃŽÃâ.cn), all available to register, so far, none of these successful.
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Ah, the joys of being "old-fashioned" (sticking with .COM)