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Pandemic fuels sports biking boom in cycling nation China

Bicycles have long been a means of transport in China and once outnumbered cars on city streets. Now cycling is increasingly also seen as a sport by an urban middle class that has benefited from China's growth into the world's second largest economy.

Elon Musk sells Tesla shares worth US$6.9 billion

Tesla Inc Chief Executive Officer Elon Musk sold US$6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform.