Beijing To Cost Less Than Athens

The Beijing 2008 Olympics will cost less than the 2004 Athens Games, it is even expect to make a small profit.

That is at least the view of Jiang Xiaoyu, executive vice-president of the Beijing Organising Committee for the 2008 Olympic Games (BOCOG), who said:

"Beijing will adhere to the principle of 'frugal Olympics' in organising the 2008 Games. We use the paper two-sided now."

Not surprisingly these games have been dubbed the "frugal Olympics".

Jiang said that the Games are expected to a profit of about $16M.