Chinese Olympic champions participate in commercial activities

18:29   23 August, 2012

Chinese Olympic champions earn up to $157,400 for participation in commercial activities, China Daily reports.

Chinese athletes won 38 gold, 27 silver and 22 bronze medals, while prize money for one gold medal is worth $79,000.

In addition, China does not charge taxes from the Olympic champions. Moreover, the champions’ native province, town or village gives them bonus money, apartment, expensive vehicle and also an offer to present a certain company.

Photo by News.CN



© 2024 NEWS.am - Sport

The copyright for information published on this web site is owned exclusively by Armenian News-NEWS.am information-analytical agency. All information materials published on this website are intended solely for personal use. For full or partial reproduction of any material in other media it is required to acquire written permission from Armenian News-NEWS.am information-analytical agency. Those, who have committed copyright violations, will be prosecuted accordingly.