Beijing Olympic organizers have stated that the cost of running the 2008 Beijing Olympics will not exceed that of Athens. Athens spent $12 billion - double than what they originally budgeted for.

“I don’t have an exact number for you, but I can say that our investments in the Olympics Games next year will not exceed the money spent in Athens,” said Yu Xiuqin, the deputy director of the Bureau of Statistics of the Beijing Municipality.

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