news bulletin – answers

For sale: Olympic venues

correct the statements

1. Many Chinese companies have made offers for the National Stadium. Foreign companies
2. They have offered $100,000 U.S. $100 million
3. The aquatic stadium is not for sale. it is and people intend to ‘sell goods there’
4. AEG owns big arenas only in the US. US and Europe
5. China has 1.3 million people. 1.3 billion
6. He wants to use the arenas for other purposes than sport. his company wants to capitalise in China’s great interest in sport following the Olympics
7. Investing in China is very short term. long term 20 or 30 years
8. Many of China’s athlete’s are rock stars. they are treated like rock stars
9. Profit from the Chinese market will be immediate. it will take at least two years
10. They will begin with volley ball. basket ball