- Beijing becomes the first city to host both the Summer and Winter Olympic Games
- Which sectors and industries are winners, and which are some of the losers?
It was estimated in 2014 that the Winter Olympics and the Paralympics would cost $1.56 billion in operational spending, according to a report from the International Olympic Committee. Beijing budgeted for capital investment of $1.51 billion, with 65% funded by the private sector and 35% by various levels of government. So how will it affect China’s current economy? In this article we break down a few sectors that may see hindered activity right now, or some that may benefit over the long term.
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