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Business

Luxury Japanese fruits fetch bushels of cash in greater China

In the greater China region, luxury Japanese fruits sell for more than double the typical prices in Japan.

TOKYO -- Consumers in the greater China region are snapping up premium Japanese fruits -- and paying a premium for them.

The region is in the midst of a holiday period, during which people traditionally exchange gifts. This includes the Mid-Autumn Festival, which fell in mid-September, as well as National Day on Oct. 1, which marks the founding of the People's Republic of China in 1949. 

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