To start with, when China won the bid in 2001 to host the 2008 Olympics, different people had different views regarding the impact that the event would cause to the country. Having considered how the 1964 Tokyo Olympics and the 1988 Seoul Olympics propelled Japan and South Korea onto the global stage, this was a gateway to the future economic growth, while on the other hand, a
large number of economists considered it as a threat to the country’s economy due to post-games effects associated with Olympics (xinhuanet.com). As such, the above named Olympics had both positive and negative economic and non-economic effects. (Mossmann , 2009).
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