It is called CF bike (City Folding bike... or Chinese Fake bike)
As you can see it's shameless 99% copy of strida 5.0.
I have also heard that most parts are interchangable too.
And... it only costs $100 in china!
My mates are preparing to import them personally. As far as I have heard, we can get one at <$140 if we import 10 of them. Just too hard to resist...
If one of you are planning to buy 'genine' strida, just wait a while.
I bet cheap chinese stridas will swarm ebay before long.