Beijing Olympics claim profit

March 6, 2009 6:53:20 PM PST
Despite spending $40 billion on the Olympic Games, Beijing claims to have made money on the venture. An audit released Friday by Chinese officials says the Beijing games produced a profit of $16 million.

Chinese officials conceded that finding post-Olympic uses for marquee venues like the Bird's Nest Olympic stadium has been a challenge.

Beijing built new stadiums, an international airport and subway lines ahead of last summer's Olympics which were the most expensive in history.