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East Asia’s Olympics results are a testament to a changing world
- While ostensibly a showcase of athletic prowess, the Olympics reveal deeper socioeconomic dynamics at play globally
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Winston Mok, a private investor, was previously a private equity investor.
Hong Kong’s Vivian Kong Man-wai winning gold in the épée competition at the Paris Olympics was rich with historical significance. She competed at the Grand Palais, originally constructed for the 1900 Exposition Universelle which coincided with the first Paris Olympics. While épée debuted in Paris in 1900, it was not until Atlanta 1996 that women competed in the event.
From the Olympics’ early decades to the present, the games have maintained a certain structural legacy while undergoing significant evolution. They showcase a shifting global order, shaped by East Asia’s ascent.
What began as a Western-dominated event is now a global spectacle. In 1900, Europe commanded seven of the top 10 spots in the Olympic medal tally, with the United States, Australia and a mixed team rounding out the list. Fast forward to 2024 and, while the West still holds seven of the top 10 positions in the medals table, China, South Korea and Japan occupy the remaining three. Pierre de Coubertin’s vision of a globally inclusive Olympics remains an ongoing journey.
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