Cars that have become old or damaged often lie without any use to its
owner. Some car owners are unaware of car scrapping and why the car
should be given for scrapping or can be used to raise charity.

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BEIJING, June 9 (Reuters) - China's banking and insurance watchdog issued rules on Wednesday requiring sizable banks and insurers to prepare recovery plans in the unlikely event that they run into financial trouble, as the regulator seeks to.

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