virtualreview

china: news and opinion

China: The Cost of a Gold Medal

Zhaomu re-posted a forum article which calculated the cost of a gold medal exemplified by the Olympic shooting team. It is estimated that a gold medal costs between RMB30 - 80 millions (around US4.5 - 10 million). ...full story at Global Voices

from Global Voices on Fri, Aug 29 2008

see also:

03 Aug 08 visit Card Sharks: How Much Gold is in a Gold Medal?  »  YouTube videoIf your friend is going to Beijing and trying to win that Olympic Gold and sell it off at $1,000 an ounce, you might want to tell them how much gold is really in a Gold Medal, This is from 1988 in time for those Summer Olympic Games in Seoul, South Korea.
17 Aug 08 visit Singapore’s Medal-Round Finish Sparks a Party  »  China Journal Singapore has never won an Olympic gold. The last time this nation of four million people won an Olympic medal of any kind was in 1960 — a silver in weightlifting. So win or lose, Singapore’s face-off against China for the gold in...
21 Aug 08 visit China: Only Gold Medal Matters?  »  Global Voices Luqiu Luwei from my1510 criticizes the Chinese mainstream media for giving too much attention to the gold medal winners as if other medal winners or participants haven't been performing good enough to be proud of.
11 Aug 08 visit Mommy Olympians  »  Tim Johnson Xian Dongmei is a “mommy” gold medalist, and she’s caused a sensation for it in China. Xian is the first mother who’s captured a gold medal in China. She already had one gold medal under her belt for judo at...
12 Aug 08 visit Predictable gold medals  »  James Reynolds There are some gold medals in these Olympics which are so easy to predict that it's surprising that the medal ceremony isn't held before the Games begin so as to get it all out of the way. There are four medal events in the table tennis - and China...
22 Aug 08 visit ‘This bronze medal is bigger than gold’  »  NBC World Blog By Petra Cahill, msnbc.com editor and reporter As China and the United States battle to claim the most Olympic medals – with gold-medal and all-medal counts being frantically tallied and talked about – many other countries' athletes are overjoyed to ...

« Today's Stories