$20 million gold and jade Mao statue unveiled in China
BEIJING (AFP) - A gold and jade statue of Mao Zedong worth more than S$20 million) was unveiled on Friday, in the latest example of Communist China's indecision over how to commemorate its founding father's 120th anniversary.
The statue, 80cm tall but weighing more than 50kg, was put on display in the southern boom town of Shenzhen, China National Radio (CNR) reported.
The city was little more than a fishing village a few decades ago, and its booming prosperity epitomises China's transformation since the days of Mao's command economy.
The figure depicts the founder of the People's Republic of China reclining in a chair, legs crossed.