Take a look at the most expensive car in china 'the Hongqi L5

This $801,624 piece has all the class and style for the Chinese man and woman as this is the most expensive car in china.

 China's oldest car company rolled out its first vehicle on Aug. 1, 1958; it was a chrome-lined black sedan designed -- like the pastiche of 1950s cars it resembled, including the Packard-esque Chaika -- to strike equal amounts of fear and inspiration into the revolutionaries. In Chinese, "Hongqi" in means "red flag,"the most potent symbol of the Chinese Communist Party, making it a fitting name for a company that supplied the apparatchik. A symbol of power, a sphere of influence, a four-wheeled Great Leap Forward! Curiously enough, it took Nixon's 1972 visit for Mao Zedong (who finally swore off the Soviets and their ZIS-110s) to get into a Hongqi.

Today, you can ride around in your own Hongqi; in lieu of loyal service to the Party, you can provide something even more valuable: cash, and tons of it. How shamelessly bourgeois, you might say, and you'd be pretty damn right.

Take a look at the Hongqi L5. Under development for the last four years, it debuted at the Beijing auto show with a 5-million yuan sticker. To own China's most expensive car, you'll pay the U.S. equivalent of $801,624, which, as far as we can tell, is the most expensive car to carry one of those small, oval "Made in China" stickers. (Stick 'em on in bulk if it'll make you feel like you're getting your money's worth.) Naturally, somebody bought the first one right from the show floor.