If you didn't know better, you might have thought in 2003 and 2004 that U.S. government strategy was being set by people trying to make enemies rather than friends in the Arab-Islamic world. And if you didn't know better, you might think that the Chinese government's approach to the Olympics is being set by people trying to make the country look bad.
Everyone in the Chinese economic world knows that the country is not going to move out of cheap-workhouse status, toward the realm of 'real' rich-country corporate power and prosperity, unless (among other changes) it begins removing these price distortions.
Contrary to what you might think, China's economy is relatively less efficient, and more polluting, than those of rich countries.
The Olympic Games are for 'the youth of the world,' but they're organized and scored by countries. It's no surprise that countries treat them as vehicles of national pride, and assume that their people will be most interested in their own athletes. So anybody who was saving up to write an angry letter, blog post, or op-ed about NBC's chauvinistic coverage: don't bother! They're actually more above-the-fray than most. Also, their coverage is not shown anywhere except America - I know, it's because I can't get it that I'm watching Women's Air Pistol - so can't ruffle feathers elsewhere.