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Chinese auction. A Chinese auction is a combination of a raffle and an auction that is typically featured at charity, church festival and numerous other events. Can also be known as penny social, penny sale, tricky tray or pick-a-prize according to local custom, or to avoid causing offense.
Answers. Best Answer: The word China is derived from Cin (ÚÛÙ), a Persian name for China popularized in Europe by Marco Polo. The first recorded use in English dates from 1555.