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Dong Xiaobo has a rather expensive hobby. He raises 1,200 racing pigeons in the southern suburbs of Beijing. Dong's pigeons compete in many races and have won him several trophies. But like many pigeon enthusiasts in China, Dong doesn’t make money from his hobby. He's invested in 600,000 yuan (US$85,554) of his own money every year to raise and train his pigeons.

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