YAN WINS THIS YEAR'S LITERATURE NOBEL
Chinese author Mo Yan has been awarded the 2012 Nobel Prize for literature.
According to the Swedish Academy, his work merges folk tales, history and the contemporary with hallucinatory realism.
The 57-year-old becomes the 109th recipient of the prestigious prize.
Presented by the Nobel Foundation, the award given only to living writers is worth 8 million kronor or roughly $1.2m.

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