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Chinese authorities break up car-smuggling gangs

Maserati's V-8 Quattroporte costs over twice the European sticker price of 150,000 euros in China, after taxes have been added.
November 28, 2013 05:00 AM

BEIJING (Reuters) -- Chinese authorities have broken up six gangs that smuggled around $164 million worth of cars into the country over the past three years to help consumers bypass heavy taxation.

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