January 21, 2007 / 1:04 PM / 12 years ago

Shanghai scraps world's tallest Ferris wheel plan

SHANGHAI (Reuters) - China’s booming financial hub of Shanghai has ditched plans to build the world’s tallest Ferris wheel and will build a skyscraper in its place, state media said.

The wheel would have stood about 200 meters (656 ft) high and have 36 cabins able to take more than 1,000 visitors at a time, Xinhua news agency said in a report seen Friday.

It would have stripped the world’s-tallest title from the 135-meter London Eye, and could have cost up to 800 million yuan ($103 million), Xinhua said.

But a Chinese Ferris wheel could still have its day in the sun, as a developer in China’s landlocked eastern province of Jiangxi wants to register its 160-metre-high wheel as the world’s tallest.

The Star of Nanchang, named after the provincial capital, opened for business last May, and cost 57 million yuan to build, Xinhua said.

The developer of that wheel said application procedures for an entry in the Guinness Book of Records as the world’s tallest wheel were underway, the report added.

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