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A gold and jade statue of Mao Zedong worth more than $16 million was unveiled Friday, in the latest example of Communist China's indecision over how to commemorate its founding father's 120th anniversary. The statue, 80 cm (32 inches) tall but weighing more than 50 kilograms, was put on display in the southern boom town of Shenzhen, China National Radio (CNR) reported. The city was little more than a fishing village a few decades ago, and its booming prosperity epitomises China's transformation since the days of Mao's command economy. A team of 20 artists took eight months to complete the 100 million-yuan ($16.5 million) work, which is accented with precious stones and rests on a base of white jade, CNR said.