This concrete statue, the Pillar of Shame, is in Hong Kong, and commemorates the 50 people who died in Tienanmen Square in Beijing in the government crackdown of 1989. The inscription reads "The old cannot kill the young forever." In 2008 it was painted orange to raise awareness about human rights in China.
This website has links to a number sites with more information and photographs.
The sculpture, by Danish artist Jens Galschiot depicts torn and twisted bodies. Galschiot was not allowed in to Hong Kong when it was painted orange but approved of the transformation.