In Beijing, You Have to Win a License Lottery to Buy a New Car
(Illustration: Felix Decombat for Bloomberg Businessweek)

In Beijing, You Have to Win a License Lottery to Buy a New Car

(Bloomberg Businessweek) -- It’s not the half-million-yuan price tag keeping Beijing resident Sandra Zhao from buying her dream car, a BMW X4 SUV. It’s the license plate she needs to have a convent...
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