Aug 22 – Foreign investors compete to buy rights to Olympic sports venues and capitalise on China’s zeal for sport
Sports promoters seek big profits in the world’s most populous nation.
Tara Joseph-Hui reports.
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For sale: Olympic venues
correct the statements
- Many Chinese companies have made offers for the National Stadium.
- They have offered $100,000 U.S.
- The aquatic stadium is not for sale.
- AEG owns big arenas only in the US.
- China has 1.3 million people.
- He wants to use the arenas for other purposes than sport.
- Investing in China is very short term.
- Many of China’s athlete’s are rock stars.
- Profit from the Chinese market will be immediate.
- They will begin with volley ball.
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