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Saturday, April 27, 2024

Olympic ‘curse’ strikes again as Beijing costs mount

Workers set up an installation displaying the logo of the Beijing Winter Olympics

BEIJING: The “curse” of Olympic overspending looks set to strike again at the Beijing Games, with stringent Covid measures and loss of ticket sale revenues pushing up costs for China.

It’s not unusual for nations to find the bill for hosting an Olympics ballooning, but the pandemic and China’s zero-Covid approach has made preparations for the February 4-20 Winter Games particularly difficult.

With increasingly strict rules imposed as domestic outbreaks spread in China, organisers announced last week that they will not sell tickets to the public because of the “complicated” Covid situation.

Instead, invitations will be given to select people. The organising committee had originally calculated ticketing revenue to be worth…

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