All that said, this is not a difficult task, although it is arduous: slow and steady wins the race, or at least gets you on the ballot.

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The spread was likely purchased by the investor, although direction in this case is more difficult to determine as both legs of the transaction traded to the middle of the market.

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Although this is certainly possible, it is very difficult to gain serious traction in the Chinese marketplace by pursuing a purely export strategy, or by contract manufacturing and selling through sales agents.

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Sources close to the 54-year-old Russian admit he is eager to increase his shareholding even more, although they recognise this will be difficult.

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