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Cheap domain names fuel cybersquatting

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PalmBeach

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China's ".cn" domains are now "selling so cheap" that it is encouraging the growth of cybersquatting. In fact, IP Mirror currently acquires these site names from Chinese domain name registrar CNNIC.net.cn at such a low rate that the Singapore registrar is able to offer ".cn" site names for as low as S$3 (US$2) a year.

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