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Man from Inner Mongolia buys USD2.35m diamonds in Beijing

A man from Ordos, Inner Mongolia, bought 104 diamonds for nearly CNY15 million (USD2.35m) from a retailer in Beijing last week, hoping to keep them as a long-term investment, local media reported.

It was the largest single sale of diamonds in Beijing in recent years, said the chairman of the retailer, City of Love Diamonds, who spoke to the Beijing Times.

The store is located in the Shuangjing area of the capital.

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(Source: scmp.com)