Chinese tycoon aims to restore London's Crystal Palace

London Mayor Boris Johnson(M), Zhongrong Group Chairman Ni Zhaoxing (L) and leader of Bromley Council Stephen Carr walk down the terrace at the original site of the Crystal Palace in south London on October 3. The Chinese investor Zhongrong unveiled the plans to spend 500 million pounds to build a replica of the Victorian Crystal Palace and restore the surrounding public park. [Xie Songxin/ China Daily]

Zhongrong Group Chairman Ni Zhaoxing, poses at the terrace steps of the original site of the Crystal Palace on October 3 after a press conference to unveil the plans to build a replica of the Victorian Crystal Palace. [Xie Songxin/ China Daily]