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A family friend is selling his old car, an outdated Jinbei minivan with a rotting exterior.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