The cap assembly may have another internal connection that you cannot see, i.e. this is a PSC motor with the cap outside.
If it is a centrifugal blower, the motor would have to be significantly over sized to be able to handle the added load at 60Hz.
Power requirement on a centrifugal blower increases at the CUBE of the speed change. so at 120% speed (50Hz design getting 60Hz), the power required FROM the motor will be 1.2 x 1.2 x 1.2, or 173% of what the blower needs at 50Hz. So either the 1.5HP motor only needed to be 0.87HP and they almost doubled it for possible use on 60Hz, or the fan is going to require 2.59HP from a motor only rated for 1.5HP and the motor will overload. The fact that the Chinese can't even get the wiring configuration correct leads me to believe this is going to overload.
Good luck with that...