"Go Red for China!" was the slogan unveiled on the Chinese mainland by Pepsi-Cola, whose ubiquitous blue can will, "for a limited time", be red.
Pepsi is just one of many companies advertising at the Olympics, at a cost of up to US$6 billion, in an attempt to tap a largely untouched market of more than 1 billio people.
"You've never seen the Olympics in a market that has such domestic commercial scale", Michael Wood, chief executive for greater China at advertising firm Leo Burnett, told the New York Times. "When the Olympics were in Los Angeles and Atlanta, the U.S. market was already fully developed."
This is the Olympics the West wanted: games where the grandest prize is not a gold medal but a glittering entree to China's seemingly endless army of potential consumers.
This is the reason that US President George Bush will attend the opening ceremonies, the first US president to do so on foreign soil, and that in March, mere days before the crackdown in Tibet, US state secretary Condoleezza Rice, laughably, took China off the State Department's list of nations that abuse human rights.
But if the stakes are high for Western capitalism, for China they may well be higher. Beijing has spent as much as $40 billion to build train stations and Olympic facilities, uprooting more than 1.5 million residents.
All in the hope that the games would mark, as the official Xinhua news agency put it, an "historical event in the great renaissance of the Chinese nation".
National renaissance, however, may be giving way to revolt, both internally and from the athletes themselves. The buzz in the lead-up to 8/8/08 is not merely in Beijing. It's in Hunan, Shanghai, Guizhou and earthquake-devastated Sichuan, which have all recently seen mass demonstrations against Communist Party rulers.
Provincial authorities are now under extraordinary pressure to crack down on protests. Instructions from Beijing are to "go on a war footing" to head off further upheaval before the games.
The steady percolation of the conflict at home has been matched — or even exceeded — by international anger. Athletes, activists and globe-trotting protesters are poised to raise a panoply of issues, including China's crackdown on Tibet, its support for the Sudanese regime and environmental concerns.
The Chinese government has been forced to respond to this pressure cooker by opening a steam valve, announcing on July 24 that public protests will be permitted during the games inside three designated city parks.
But as the Times reported, "Demonstrators must first obtain permits from local police and also abide by Chinese laws that usually make it nearly impossible to legally picket over politically charged issues".
If Chinese leaders believe that will release enough steam for a smooth games, they could be in for a surprise. Olympic protest may extend beyond the parks. More than 200 athletes from "Team Darfur" may be wearing bracelets and speaking out against human rights abuses.
Athletes are also angry that the air quality, in what Beijing is calling the "green Olympics", could be hazardous to their health.
A public relations catastrophe could be in the making if dissenters manage to break through the media blockade that runs from Beijing's troubling record on press freedom to NBC's soft news coverage.
Such a public relations disaster should not be China's to bear alone; it should be shared by the Western nations and corporations that got the games they wanted.
[Reprinted from socialist e-journal Links, , as part of Links' "dissidents guide to the Olympics".]