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Beijing isn't waiting around for next summer's decision on which city will host the 2022 Winter Olympics, signing up eight sponsors for the event.

Big corporate names including China's Tencent, big-four accounting and services firm Pricewaterhouse Coopers (PwC), and Snow Beer. No financial terms were disclosed, but top Olympic sponsors for this year's Winter Olympics in Sochi paid between USD 40 million and USD 100 million.

Beijing faces only two competitors: Almaty, Kazakhstan, and Oslo, Norway. A number of other cities, including Lviv, Ukraine, and Krakow, Poland, dropped out for political reasons or due to public opposition in those cities.

Beijing is now considered the front runner, even though our fair city received only about two flakes of snow this past winter. That's why the bid is being done in conjunction with Zhangjiakou in Hebei province, about 200 kilometers away.

Photo: gbtimes


Visit the original source and full text: the Beijinger Blog