Beijing Olympics predicted to break even
There aren’t exactly a lot of Olympic venues already built for the Beijing Olympics, so the Chinese government will have a huge outlay to prepare for the next Summer Olympics. Because of this, it is highly unlikely that the 2008 Summer Olympics will be profitable. $2.4 billion is expected to go towards constructing the Olympic venues. Another $35-40 billion is expected to be poured into urban renewal. At least those improvements will prove helpful long after the Olympics. It’s hard to imagine what China would do with some of the venues after the Olympics.