China plans to build a bigger prototype of the 'charging bull', the most treasured iconic image at the Wall Street, in its financial hub Shanghai, a city aspiring to become New York II.
The Shanghai version of the Charging Bull will be larger and heavier than the original - all of 6,000 kg against the 3,200-kg Wall Street icon.
Hopefully, the bull will "bring confidence and fortune to the Chinese people in times of economic uncertainty", said Xin Yaqin, director of Huangpu district's office of financial services, which manages the financial street.
"It does not make sense to make another Bowling Green Bull here Shanghai is different from New York, so we'll ask the artist to add Chinese characteristics to the sculpture," she was quoted as saying by China Daily.
But not everyone in the city is pleased with the news.
"It's an interesting idea, which could raise the spirit of the Chinese people. But I don't think it would help the economy recover, or help us profit from the stock market," a book dealer surnamed Huang said.
"I see nothing wrong with the bull itself, but if they copy some of the ways (of Wall Street) there could be problems like becoming a victim of the same mindset. You know what happened in Wall Street," another resident said. There are more innovative symbols than the bull, especially in China, which has a rich history of culture and tradition, Tony said. "The dragon, for instance, may be a better choice."