July 08, 2005
Beijing 2008 Olympics: Meet "Market China"
What the 2008 Beijing Olympics offers China is:
1) National pride and purpose; government legitimization.
2) Massive development to make Beijing even bigger.
3) The world's spotlight, to imprint on the world the image of an orderly, but still booming, dynamic, modern Market China and erase Mao's Red China (except to the extent red brings more medals!).
4) Tourism, trade, FDI.
Corruption? Sure. Bubble? Probably. There are small costs.
Posted by Matt at 02:09 PM | Comments (0) | TrackBack (0)
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