Will China's economy continue to boost after the 2008 Olympic Games?

Will China's economy continue to boost after the 2008 Olympic Games?
Aug 13, 2007 23:16
KEVIN0518 Points: Join Date: Mar 13, 2007 Status: offline	Have you ever heard of the Post Olympic Games Economic Risks? In the history of the Olympic Games, almost all the nations who once held the Olympic Games stepped into the economic downturn after the big event. Montreal Olympiad in 1976 has become people's nightmare. The government had a great loss of above one billion dollars after hosting the Olympic Games. Greece, the host of 2004 Olympic Games said that their budget deficit reached 6.1% in that year. Sydney 2000 Olympic Games was marked as the most successful one in history. However, it also came accross ecnomic downturn. The GDP growth descended and the real estate also went into its depression. At present, people have the same anxiety about Beijing 2008 Olympic Games. They are worried that China's economy will also go into downturn. While some other people are still confident about China's economy. They believe that China's economy will continue to boost after the Olympic Games. What do you think of it? Will China's economy keep booming or not?

Aug 13, 2007 23:16

KEVIN0518
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Join Date: Mar 13, 2007
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Have you ever heard of the Post Olympic Games Economic Risks? In the history of the Olympic Games, almost all the nations who once held the Olympic Games stepped into the economic downturn after the big event.

Montreal Olympiad in 1976 has become people's nightmare. The government had a great loss of above one billion dollars after hosting the Olympic Games. Greece, the host of 2004 Olympic Games said that their budget deficit reached 6.1% in that year. Sydney 2000 Olympic Games was marked as the most successful one in history. However, it also came accross ecnomic downturn. The GDP growth descended and the real estate also went into its depression.

At present, people have the same anxiety about Beijing 2008 Olympic Games. They are worried that China's economy will also go into downturn. While some other people are still confident about China's economy. They believe that China's economy will continue to boost after the Olympic Games.

What do you think of it? Will China's economy keep booming or not?

Aug 14, 2007 21:28	#1
ZOEY Points: Join Date: Nov 29, 2004 Status: Offline	It sounds like the destiny. Why does economic downturn appear after the Olympic Games? Hope China can make a miracle.

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