08/01/2011 03:00 pm ET Updated Oct 01, 2011

Despite A Lottery To Limit Car Purchases, China Still Struggles To Battle Traffic

BEIJING - Amidst much fanfare and many questions, the capital approved a new license plate "lottery" system last year to restrict the number of new car purchases. It was a policy aimed squarely at Beijing's wretched traffic situation. The city allowed only 240,000 new registrations in 2011, about a third of the number registered in 2010. It comes after Beijing saw the number of cars multiply from 1 million in 1997 to 4.76 million in 2010.

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