Chinese Olympians Receive Vast Rewards for London Success

September 4, 2012

China’s Olympic gold medalists have received handsome rewards, including cash bonuses and luxury apartments.

Several real estate companies have been keen to sponsor athletes by providing them with new housing after their success at last month’s London Games.

Chinese swimmers Sun Yang and Ye Shiwen both received apartments worth 3M yuan ($472,600) from a company in their hometown of Hangzhou, Zhejiang province.

Table tennis player Zhang Jike, from Qingdao, was given a 120-square meter apartment with a sea view.

Women’s badminton gold medalist Li Xuerui has been offered a 100-square meter flat in the municipality of Chongqing.

Athletes have also gained significant financial rewards for their achievements at London 2012.

During a visit to Hong Kong and Macao last week, Olympic champions were given HK$25.2M ($3.25M) by Hong Kong entrepreneurs.

They also received HK$10.2M ($1.3M) from the government of the Macao Special Administrative Region. {jcomments on}