How much money/revenue is China expected to make from the Beijing 2008 Olympic Games?

Question

Warning: the following question makes no mention of Michael Phelps, men's or women's gymnastics, Michael Phelps, USA Basketball, Michael Phelps, women's beach volleyball, or international scandals, contrived or otherwise or Michael Phelps

Answer 1

they lose money and make a small amount from commercials  

Answer 2

They lose money actually. Montreal just paid off their olympic debt last year.

Answer 3

Chinese spend alot of money to show to the world the prosperity and respect they deserve. They didnt spend money to show off but to show Chinese pride and prosperity to the world. Unfortunately countries in the West do not believe in spending billions of dollars on olympics but justifiable on spending it on the Iraq war. I just hope Chicago will never get the olympics because simply they cant afford it and it has the highest tax in the US. They just dont have the money to host.  

Answer 4

they have just speneded tromendous amount of money in making the stadoiums , and i assume it will take a long time to get the level back

Answer 5

Well, the host city (Beijing) is going to be in a 42 billion dollar debt, so they won't be making profits any time soon.

Answer 6

China is in a very good place...they did spend a great deal to host the Olympics...but in so doing they have opened up even more as a Capitolistic society...right now they are a sponge just waiting to soak up more and more...I hand it to them...they did very well...they truly are becoming a biggest powerhouse in the Asian market,.

Answer 7

In a communist country--Michael Phelps--such as China, profit--Michael Phelps--is not a motive. The purpose--Michael Phelps--is propoganda--Michael Phelps. China--Michael Phelps--spends an enormous amount of--Michael Phelps--money nurturing medals, I mean--Micheal Phelps--future athletes, to the extent that they--Michael Phelps--attend special schools away from their parents--Michael Phelps--all through their--Michael Phelps--lives. Such medals, I mean, future athletes are--Michael Phelps bred for one purpose, image, and who cares--Michael Phelps--if the Tibetans are enslaved or the Georgians for that matter if the--Michael Phelps--home country is glorified.

Answer 8

the country is the one that loose money but the people is making money right now. the olympic games generate more jobs .