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Chinese drivers pose fresh risks for foreign insurers


HONG KONG (Reuters) - "People like us who buy Ferraris don't care too much about insurance because we buy cars for speeding," said Li, in his twenties and the son of a Pearl River Delta factory owner, as he took delivery of a new 5 million yuan 458 Spider, his fourth red Ferrari. "If we crash, we just throw them away."


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posted on 05 June 2012 , Hits 65



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