China is applying industrial policy to winning gold at the Winter Olympics ...Middle East

Economy by : (Quartz) -
It’s impossible to watch any recent Olympics in a crowd in China without hearing a dismissive comparison to Beijing 2008. The perceived success of the Beijing Olympics, the first Games hosted by China and at which China won its most ever gold medals, remains a point of national pride and one of the country’s few successful expressions of soft power.In the lead up to those Olympics, China implemented Project 119, an industrial development plan to train the country’s athletes and make them competitive for the 119 gold medals available across five of China’s worst sports: track and field, swimming, rowing, boxing, and sailing. Alongside other sports development strategies, including focusing on

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