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'Red' China stamp fetches record

A Chinese stamp pulled from circulation the day it was issued because it failed to show Taiwan as part of China has fetched a record price in Hong Kong.

The rare 1968 stamp was picked up at an auction by an unidentified buyer, for HK$3.68m (US$475,000, £290,000).

It features a worker holding a book filled with Mao Zedong's quotations and a red map of China in the background.

However, self-ruled Taiwan was left uncoloured. China sees the island as a renegade province of its own.

Read entire article at BBC