Chinese tycoon aims to restore London's Crystal Palace

London Mayor Boris Johnson(L) answers a question at a press conference on October 3 to unveil the plans to rebuild the Victorian Crystal Palace as Zhongrong Group Chairman Ni Zhaoxing listens.[Xie Songxin/ China Daily]

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. Ni 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]