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Also keep in mind that as IPv4 IP addresses have become so scarce, that people are selling off their hoarded subnets to the highest bidder, and blocking by GEO-location may not ensure that you are blocking the Chinese hackers.
I have seen US servers serving Indonesian IPs, and likewise I have seen Chinese servers serving German IP addresses ... as IPv4 addresses become harder to get, IP subnets are ending up in use in all different parts of the world.
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