Counter-economic

China: Millions of cars illegally survive Scrapper to be sold on black market

carnewschina.com

More than 90 percent of cars that should have been scrapped in China were sold to black markets where they were repaired or modified to be unlicensed cabs and second-hand cars, reported China National Radio.

A total of 7.42 million cars should have been scrapped by the end of last year after reaching their service life limit, but only 500,000 cars were scrapped under normal procedures, according to a report by the China National Resources Recycling Association.

The rest of the cars, accounting for more than 93 percent of the total number that should have been scrapped, were then sold to black market car dealers who fixed them or removed car parts for resale, the radio program said.

A CNR reporter met a scrap car dealer in a Beijing second-hand car market and the dealer took him to a used sedan, in such bad condition that the doors wouldn’t close.

Read more.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s