Yet another report estimating the true cost of the Beijing Winter Olympics has surfaced — this time from a Financial Times analysis that says the nation spent about $8.8 billion.
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That’s more than twice China’s original projected number of about $3.9 billion.
Construction projects related to the Games, including venues and the Olympic Village, were originally planned to cost about $1.5 billion but China ended up spending twice that.
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Transportation ended up costing about $4 billion, though the IOC claimed those costs weren’t necessarily counted as specific Olympics projects, but rather as general infrastructure.
Additional costs included making artificial snow and preparing COVID-19 preventions.
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