Dong Yongquan has been under intense pressure ever since the Beijing Olympic Games ended in 2008. As the president of Qingdao International Yacht Club, he is running the 15.5-hectare harbor built for Olympic yachting events – and is supposed to turn a profit. ‘The harbor is eating up 50,000 yuan (about US$7,350) every day in maintenance costs and if I don’t attract enough members, I can lose millions every year,’ Dong said.
Green Marine
about 16 years ago
Tide yet to turn for Chinese yachting
Dong Yongquan has been under intense pressure ever since the Beijing Olympic Games ended in 2008. As the president of Qingdao International Yacht Club, he is running the 15.5-hectare harbor built for Olympic yachting events – and is supposed to turn a profit. ‘The harbor is eating up 50,000 yuan (ab
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