Britain hopes to cash in on legacy of Games

Britain is hoping for more Chinese investment into the legacies of the London Olympic Games.

The calls for more Chinese investment into London come as the United Kingdom is struggling to emerge from a double-dip recession, after two consecutive quarters of contraction in GDP.

UK Trade and Investment hopes at least 1 billion pounds ($1.56 billion) worth of business opportunities can be generated through the Olympic business legacy program, UK Business Secretary Vince Cable said at a news conference in London last week.