Beijing Plates Harder to Win Than Roulette Spur Loopholes

Beijing Plates Harder to Win Than Roulette Spur Loopholes

Tomohiro Ohsumi/Bloomberg

In Shanghai, which has been auctioning license plates since 1986, winning bids hit a record 90,000 yuan this year, enough to buy a new Volkswagen Santana sedan, according to car-pricing website Autohome.com.cn.