Days after the end of the Beijing Olympics, contentions still remain high about what kind of effects the Games will have on the Chinese economy. In fact, a sports event, in whatever scale, cannot have as much influence on the economy of a country of China’s size as people expect.
In the history of Olympics, many [...]
As the 2008 Beijing Olympics ended in a splendor of fireworks, concerns over a post-Games downturn for the Chinese economy re-emerged.
History shows that some host countries had experienced post-Olympic declines because investment dropped, such as Tokyo and Seoul.
Japan witnessed a drastic fall in growth the year after the 1964 Games, down to 5.2 percent from [...]
China will not suffer from a “post-Olympic recession”, senior officials said Sunday, because of the scale and potential of its economy.
“The Olympic Games won’t be a watershed for China’s economic growth,” Wang Yiming, vice-president of the Academy of Macroeconomic Research, said. The academy is affiliated to the National Development and Reform Commission, the country’s top [...]
China will deepen economic and political reforms after the Beijing Olympics, President Hu Jintao said on Friday.
“Our first priority of macro adjustment is to maintain steady and relatively fast economic growth and curb excessive price rises,” Hu said told journalists from 25 news organizations from around the world.
Tags: economic, Olympic
The Olympics may be over but the battle for the No. 1 Website slot has just begun. And this will be no clean contest.
Internet companies from Tencent (QQ) to Sina Corp and Sohu.com are all claiming to be the most popular Olympic Website, citing statistics from different research organizations.
There’s much at stake here. The “winner” [...]
Measured advertising expenditure by the top Olympic Games sponsors has jumped by 49 percent in the second quarter (April-June) compared with the previous quarter to 9.1 billion yuan ($1.33 billion), said an Olympic research report run by R3 and CSM, two independent marketing consultancy companies.
Tags: economy, Olympic
