Beijing

When Beijing was selected as the host city for the 2008 Olympic games in 2001, a huge opportunity was placed in front of them. Not only could they wow the world , but they could put their nation in a global spotlight. The 2008 Olympic games were estimated to have created a total of 2 million new jobs, with over half-a-million visitors appearing for the games China's GDP reached an all time high, 11.4%. China went all out spending almost 20 billion dollars in total , 420 million alone on the Olympic stadium they went above and beyond the worlds expectations. In 2007 China reached the height of their economic boom, with a GDP of 12.8%, 6,331 US dollars per capita the Olympics didn't leave as deep of a dent in their economy as expected.

Information:

http://www.dollarsandsense.org/archives/2008/0808battan.html

http://www.klakogroup.com/en/china-invest-monthly-newsletter/impacts-of-the-2008-summer-olympics-on-beijing

Photo:

http://www.chinese-architecture.info/OLYMPICS/Beijing_National_Stadium.jpg