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BOJ: Tokyo Olympics To Boost Japan GDP

The Bank of Japan said that the 2020 Tokyo Olympic Games "will likely boost Japan's economy by 0.2-0.3 of a percentage point on average each year until 2018, offsetting some of the pain from another sales tax hike planned in 2017," according to Leika Kihara of REUTERS. The estimate by the central ba ...

Tags: Olympics, Japan

Year In Review: Asia

China’s interest in the Olympics and the growth of domestic football put the country in the spotlight throughout the year. Large purchases by Chinese companies Dalian Wanda Group and Alibaba also showed the country’s growing sentiment to boost its presence and relevance on the global spo ...

Tags: Year End, Asia

Hadid Alleges Collusion In Stadium Debacle

Architect Zaha Hadid, whose design for the new National Stadium was scrapped over "sky-high" costs, "has lashed out at a replacement chosen Tuesday," according to KYODO. She "alleged collusion by authorities and Japanese architects to kill off her project." A blueprint by rival Kengo Kuma "was picke ...

Tags: Facilities, Japan

Tokyo 2020 Creating Headache For PM Abe

Japan PM Shinzo Abe's hopes of using the 2020 Tokyo Olympics to boost the int'l prestige of his country -- and his leadership -- "are only causing him Olympian-sized headaches," according to Kirk Spitzer of USA TODAY. This week, Abe announced that Japan "selected a new traditiona ...

Tags: Olympics, Japan

Japan Picks Tokyo 2020 Stadium Design

After scrapping the first design in July, the Japanese government Tuesday "picked a less-costly and greenery-rich plan by architect Kengo Kuma for the new National Stadium that will serve as the centerpiece of the 2020 Tokyo Olympics," according to Shusuke Murai of the JAPAN TIMES. The winning propo ...

Tags: Olympics, Japan

China Sports Expects To Reach $1.1T

The Chinese sports sector is expected to expand to 7T yuan ($1.1T) by '25, "2 trillion more than the central government's 5 trillion target," according to He Lanying of YUTANG SPORTS. That is according to the local governments, after they reported their goals for their sports sectors. Earlier this m ...

Tags: Finance, China

Team Effort Key To Populous' Winning Bid

Populous' global collaboration between its North American and Australian firms delivered the winning bid to design Korean Baseball Organization club NC Dinos' proposed $100M ballpark. When the city of Changwon, South Korea, brought the architecture firm on board to create a new home for the club, it ...

Tags: Facilities, Asia

Toyoda Resigns From Tokyo 2020

Preparations for the Tokyo 2020 Olympics "sank deeper into trouble on Monday when the president of Toyota abruptly stepped down" from the Games’ main organizing committee, according to Leo Lewis of the FINANCIAL TIMES. The resignation of Akio Toyoda, whose company has "taken an unprecedented" ...

Tags: Olympics, Japan

Mark Hammett Named Sunwolves Coach

New Zealander Mark Hammett "was confirmed as the inaugural coach of Japan's new Super Rugby team the Sunwolves on Monday," according to Nick Mulvenney of REUTERS. The former All Blacks player, who had four seasons in charge at the Wellington Hurricanes, "also revealed the Tokyo and Singapore-based t ...

Tags: Franchises, Japan

Chinese FA Chief Unveils World Cup Vision

Chinese FA President Cai Zhenhua "unveiled an ambitious plan" for China's national football team that he said "would make the team a consistent World Cup contender in two decades, and crack the global top 30 regularly," according to Sun Xiaochen of XINHUA. His solution: "management reform and league ...

Tags: International Football, China

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