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Chinese bidder of looted sculptures refuses to pay
(Xinhua)
Updated: 2009-03-02 13:21

 

Cai Mingchao talks on the phone in this March 2, 2008 file photo. Cai, the winning bidder for two bronze sculptures at a Paris auction last week, said on Monday that he would not pay for the controversial treasures looted from Beijing. The two sculptures, heads of a rat and a rabbit, were sold for 15 million euros each ($20 million) to Cai through telephone during the auction. [CFP]