
China has spent the money on new stadiums, infrastructure projects and cleaning up the capital's polluted environment.
In other host cities, this high cost would have led to heated public debate, but in China there has been little controversy.
In a country where information is not always accessible, many people seem not to know how much is being spent.
Calculating the costs associated with an Olympic Games is a tricky business, and the Beijing event is no different.
One problem is deciding what is - and what is not - an Olympic-related cost.
Sporting arenas certainly come under the former category.
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