Caixin
Nov 21, 2013 04:59 PM

Courts Use Taobao to Auction Seized Cars, Homes

(Beijing) – Courts in two provinces have started using Taobao, the country's largest online marketplace, to sell seized cars and houses.

The practice started in the eastern province of Zhejiang in the middle of last year. Some 98 courts have auctioned off confiscated cars and homes worth more than 2.6 billion yuan since then, the province's High People's Court said on November 19.

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