China’s crazy car-straddling elevated is reportedly just a giant scam

After first trial the bus has just collected dust. Beijing police have arrested 30 people.

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[houkoholic]

If you're going to scam investors, isn't it kind of a prerequisite that you don't actually go ahead and build the thing?

That's what I was thinking. That is an impressive looking prototype for it to just be a scam. If anything it seems more like getting cold feet after running into the red tape.

You are talking about a country where people goes to length to make elaborate fake eggs to scam money:
http://www.theepochtimes.com/n3/1964429 ... cial-eggs/

Building a giant car is just another day's work. Also who's to say the factory didn't get scammed too? In an economy that is slowing down with excess production capacity, some factory owners are desperate for work instead of having to close down their factory, sweet talk a few of them to help and you are good to go.