After a DUI arrest, Olympic champion swimmer Michael Phelps has been suspended by USA Swimming for six months, reports USA Today.» Read More
There are competing theories about China’s performance in 2008. On the one hand, the ‘Olympics Put’ theory holds that China will ensure strength through the Beijing Olympics. But the ‘Year of the Rat’ theory predicts losses in a ‘highly competitive year.’
A new study has cast doubts about whether air quality has truly improved in Beijing and has concluded that "irregularities" in the city’s system of measuring air pollution have enabled the city to meet environmental targets linked to the coming Olympic Games.
A top official of the games says work has finished on schedule for 36 competition venues The National Stadium is expected to be finished by March.
The 2008 Beijing Olympics present an unparalleled marketing opportunity for global brands looking to expand their presence in the dynamic Chinese market.
Visiting China is a lot easier than it used to be but there's still plenty for visitors to consider. Here's some tips on visas, vaccinations and other practical matters.
Major companies such as Chicago-based Marriott International, the Intercontinental Group of Britain, Accor of France and Shangri-La of Hong Kong, have built networks and are expanding aggressively through the country.
The Olympic games in Beijing are a prime opportunity for US carriers to prove their worth and thus gain greater access to a key growth market.
Athletes and companies alike are looking forward to the opportunity to shine under the spotlight in what will be a special event in the history of the Olympic games.
Top Western hotel brands are already well established in Beijing and Shanghai – as well as smaller cities – and are boosting their presence, looking to capitalize on the games, which are expected to draw an estimated 2 million visitors.
The Olympics is a failsafe for attracting advertisers to the NBC (sister company of CNBC) coverage, though the upcoming Olympics in Bejing may come with its own problems. Aready folks like Mia Farrow and Steven Spielberg have voiced concern over holding the Olympics in a country with such a poor human rights track record. But it's the Olympics after Bejing that may prove a disappointment.
One year from Wednesday, Aug. 8, the 2008 Olympic Games will begin in Beijing -- focusing the world's attention on China like never before. As part of our one-year countdown to the games, CNBC sent Darren Rovell and Melissa Lee to China for a series of special reports.
If you're watching CNBC today, you'll see my piece on the battle of shoe brands in China as the Olympics approaches. (You can also see it on CNBC.com right now or in clip below). Anyway, unfortunately there's only so much to fit in in "television time" and I had three great interviews with top executives from Nike, adidas and Li-Ning. So I thought it would only be fair if I could run the best parts of the three interviews in the blog.
I know. Why am I talking about this? You thought this was a sports business blog. Well, this week I've been trying to give you something a little bit different as I'm filing from Beijing. (Programming reminder: Next week, we're taking you behind the business of the 2008 Olympic games. You can watch my stories on CNBC or see them here on the Web site.) Anyway, back to my thought.
China is looking to score big in hosting the Beijing 2008 Olympic Games next August, but the judging will be very tough.
Before coming to Beijing this week to cover the year before the Olympic stories, I read several articles about the city trying to fix bad English translations. Signs that supposedly read "Don't Bother" instead of "Do Not Disturb" and a place called Ethnic Minorities Park dubbed in English as "Racist Park."
I'm here thanks to a long plane ride, during which I watched "Blades of Glory" twice and read two books on the history of China. You thought the Boston Celtics were a dynasty? Imagine being dominant for 300 years! Anyway, I've come all this way so that I can bring you all the important business stories of the '08 games on the year-out anniversary on Wednesday, August 8 and actually throughout next week on CNBC.
The anticipation gets pretty heady when you've got 13 hours on a plane, with little more than a book, a bad movie and a magazine to keep you busy. I am in Beijing, China. I left Washington Dulles airport at 10:15 pm and landed in Beijing at 2:00 in the afternoon the next day. I'm here reporting a number of stories on what businesses are doing to prepare for the olympics (they are just about one year away), how this country is seeing unprecedented economic growth and how companies are harnessing that boom to help their own bottom lines.