Posted: January 15, 2014A company in southwestern China has announced plans to build a full-scale replica of the Titanic, the passenger ship that famously sank in 1912. The Seven Star Energy Investment Group, based in Sichuan Province, said it would spend 1 billion renminbi, or about $164 million, to build an ocean liner that would be moored on a river bank as a tourist attraction.
The original ill-fated ocean liner has been the subject of immense fascination in China, particularly after the release of the James Cameron’s 1997 film “Titanic,” which was the highest-grossing film in China for more than a decade.
Seven Star is a little-known private company involved in electricity generation. It grabbed headlines after it held a news conference Sunday in Hong Kong to announce plans to build the Titanic replica based on the design of a sister ship, the Olympic.
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