The Straits Times
www.straitstimes.com
Published on Sep 01, 2012
 

Olympics: Chinese athletes rake in London rewards

 
 

(REUTERS) - China's Olympic gold medallists have been rewarded with lavish gifts by the state, including cash bonuses and luxury sea-front apartments, local media reported on Saturday.

Real estate companies in particular have been lining up to sponsor athletes by furnishing them with new housing after their success at last month's London Games.

Chinese swimmers Sun Yang and Ye Shiwen both received apartments worth 3 million yuan (S$600,000) from a company in their hometown of Hangzhou, according to the China Daily.

Hangzhou also plans to build statues for the swimmers to honour their efforts at the Olympics.