It seems China is really using the Olympics to show the world that there country isn't a heap of shit. They are even bulldozing and evicting thousands of people near the sight of the Olympics because the buildings they lived in were in bad condition. The government believed this would reflect badly on there country, so they had them demolished. That is probably why some of the Chinese don't care for the Olympics to much.
In other China related news, they are slowly taking over the international business market. This coupled with the fact that they are going to join or even replace America as hegemon of the world, also makes an interesting thought. Also considering most of our national debt is owed to China, we cant really deny the fact that they are a forced to be reckoned with.