This is just insane! I mean that's a ridiculous sum of money no matter how good Ronaldo is. I really hope he turns this down though for a number of reasons. The first being that he's too good to ride off in to the sunset and play pointless football. Another reason being that China at some point need a reality check and they need to understand that money can't buy you everything in football.
And anyway it's not like Real need the money? The Spanish government would bail them out even if they were in trouble.