Beijing has tickets glut after sales mismatch
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Beijing Olympic Games organizers allocated just one-quarter of 1.8 million tickets available in the latest lottery sale of seats, officials said on Sunday, creating a new ticketing headache for the event.
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thens Olympic organizers said that yesterday&#39;s track and field events at the main stadium were sold out and that overall sales were closing in on projections.
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Heavy losses hit exchanges from China to Brazil
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Despite the horror stories about heat, humidity, and pollution, the whole world still wants to go to Beijing for the Olympics. With the Games more than seven months off, tickets are difficult to find. There's so much demand that the organizers, who had planned to sell three-quarters of their supply to Chinese residents, will offer half to foreigners.
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Two months ago when the Mayor of Athens visited London, she told a story about the preparations for the Athens Games. It went like this: a delegation from Athens visited Beijing where the 2008 Games are to be held.
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With growth slowing in China, Europe and Japan, some worry that rapidly escalating prices will trigger a self-reinforcing spiral of falling demand.
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A burst of activity has broken out in 2007, sending prices higher despite sluggish sales in many other cities.
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Ticket prices at the 2008 Beijing Olympics will range from $3.82 to $638 when they go on sale next year.
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Chinese and foreign spectators at next year's Beijing Olympic Games will pay the same ticket prices, and almost two-thirds of tickets will cost less than 100 yuan ($12.89), a state newspaper said on Friday.
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The prospect that Chinese exports will soon overwhelm the worldwide clothing market was thrown into doubt yesterday after Beijing announced it will tax its shipments of textiles and apparel once the global market is liberalized Jan. 1.
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Tourists seeking their own Olympian challenge while attending the Beijing Games this August might be tempted to get behind the wheel of a rental car and take a spin on the roads of the Chinese capital.
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Moviegoers are not following the  script written for them by the Hollywood studios. In a sign  that big-budget sequels may be losing their allure, North  American ticket sales for the first three big films of the  lucrative summer season have not kept pace with their  respective predecessors.
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A few weeks ago, Eddie Jordan flew to  Beijing. After barely half a day on the ground, talking  business, he returned home.
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General Motors' sales in China grew 27  percent last year, little more than half the pace it set in  2003 but outstripping estimates for 2004 growth for the world's  fourth-largest vehicle market.
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Business & money: Beijing's latest attempt to curb boom sends stock markets falling across Europe and Asia.
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Beijing's polluted air is raising the likelihood that some Olympic events may be postponed for a day or two, although special restrictions should keep the skies clean much of the time, the International Olympic Committee said Thursday.
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By Jonathan B. Cox, The News & Observer, Raleigh, N.C.  Sep. 17--Wangfujing Street in central Beijing is a shortcut to the other side of the world.   Above the Mercedes-Benzes and Audis whizzing nearby, a billboard promotes Adidas.