Beijing says the cost of hosting the 2022 Winter Games is among the cheapest ever at $3.9 billion. But the real cost might be more than $38.5 billion, 10 times the reported amount. MORE BUSINESS INSIDER VIDEOS: How This Village Makes 50,000 Incense Sticks A Day For Lunar New Year | Big Business youtube.com/watch?v=YD5Qeo6o1UI Why Sea Sponges Are So Expensive | So Expensive youtube.com/watch?v=c6pgR4yEYVE Why This Controversial Jet May Cost $1.7 Trillion | True Cost youtube.com/watch?v=_zG1S87ptSA ------------------------------------------------------ #2022WinterOlympics #TrueCost #BusinessInsider Business Insider tells you all you need to know about business, finance, tech, retail, and more. Visit us at: businessinsider.com Subscribe: youtube.com/user/businessinsider BI on Facebook: read.bi/2xOcEcj BI on Instagram: read.bi/2Q2D29T BI on Twitter: read.bi/2xCnzGF BI on Snapchat: snapcha...