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China turns to a more practical Olympic stadium
Organisers of the 2008 Beijing Olympics have stopped work on their 100,000-seat stadium in order to re-design it under orders to cut costs, a spokeswoman for the organisers said yesterday.
Work has been suspended for a re-design meant to lower the cost, said Zhu Jing, a spokeswoman for the organising committee. Zhu Jing said she didn't know how long the suspension would last, the new projected cost or other details. The suspension follows a demand by Mayor Wang Qishan last month for organisers to be more frugal. News accounts of his comments did not give details of the cost-cutting targets. The National Stadium, designed by Swiss architects Herzog and de Meuron, initially was budgeted at 3 billion yuan (US$360mil). China regards the Olympics as a matter of national prestige and say they plan to spend US$24.2bil on new subway lines and other improvements in Beijing. Olympic organisers are turning to private investors to cover much of the US$3.2bil cost of building facilities. They say sports venues and athlete housing are to be sold off as luxury
apartments, sports clubs and other commercial facilities after the
Games.
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