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China’s XZX Group is putting out an ultrathin netbook with an 11.1 inch display that looks a bit like a Macbook Air, but looks even more like an Asus Eee PC 1008HA.

The XZX netbook has your usual netbook specs including a 1.6GHz Intel Atom N270 procesor, GMA 950 graphics, 1GB of RAM, and a 160GB hard drive. But it measures just 0.93 inches thick, and weighs just 2.4 pounds. That doesn’t make it the thinnest or lightest mini-laptop around, but it’s definitely in the running.

Unfortunately, as Asus discovered when putting out a netbook with a similar form factor, you need to make some compromises to keep things this thin and light. The netbook has just 2 USB ports, no Ethernet jack, and a 2700mAh battery that is non-removable. It also has a mini display port instead of a full sized VGA port. And the touchpad has buttons on the left and right sides instead of below the touch area, even though it looks to me like there would have been room for a button below the touchpad.

The netbook will reportedly sell for under $300.

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