BEIJING - MOL - 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. The figure depicts the founder of the People’s Republic of China reclining in a chair, legs crossed.  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. It did not specify who had commissioned or paid for the statue .