Gold (License) Plated: Economics and Car Ownership in Shanghai
China Business / China Market + Economy

Gold (License) Plated: Economics and Car Ownership in Shanghai

The price of Shanghai license plates is skyrocketing, but can it go on forever?
By Lisa Sun

A family friend is selling his old car, an outdated Jinbei minivan with a rotting exterior. It’s a tough sell but for one alluring detail: It comes with a free Hu A (沪A) Shanghai license plate, and this tiny piece of metal has never been more valuable. In the current market, it’s worth more than the van. In fact, it’s worth around $12,000 dollars. Continue reading

China Business

China: A Place to Explore Business Ideas and Possibilities

By Brianna Zhang, MBA I often find myself in conversations that ultimately deviate to something about China. I truly cannot help myself.  I think China is absolutely fascinating. My most recent conversation was with a well-traveled gentleman from Mexico.  He spoke about his many travels, including a visit to China in the 1980s.  He recalls … Continue reading