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Pawn shops move into Asia's mainstream

11 March 2014 Last updated at 02:23 GMT

Pawnbroking is one of the world's oldest professions.

But in much of Asia, the industry is taking on a new shine, as pawnshops start to become a more mainstream source of loans and jewellery sales.

Despite the fact that you'll pay much higher interest rates than on a bank loan, more people are turning to them in search of quick cash.

Leisha Chi reports on the reasons behind the rise.

Watch more on Asia Business Report's website.

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