China's most expensive car

The BBC has an article by Vijay Pattni about a really expensive car in an unlikely place:

This is the Hongqi L5 limousine (photo). It's a very big, very powerful and very important car for very important people, and the very first production model has just been sold for 5 million yuan (about $800,000).
Bloomberg is reporting that a Chinese customer in Nanjing has bought the very first production Honqui L5 saloon, China's most expensive car. Wang Zhonghua is the man with the cash, and will take delivery of his new ‘Red Flag' L5 some three months from now, following its unveiling at this year's Beijing motor show. We saw the L7 last year, too, at the Shanghai Motor Show, and this one looks equally like a European luxury car that crashed headfirst into the 1960s.
It weighs just over three tons, is eighteen feet long, six feet wide and five feet tall. It sports a six-liter V12 engine, channeled through a six-speed automatic gearbox. It has four-wheel-drive. There is much leather and wood inside, coupled to a nod to the digital age.
Sure, it looks weirdly cool, but we don't have to tell you exactly what $800,000 can buy. Well, we will a bit. It will buy you a Lamborghini Aventador Roadster and a five-litre supercharged Range Rover, with around $150,000 left over to play with in the classifieds.

Rico says he doesn't want one. (And imagine trying to get parts...)