Olympics sponsors and their competitors ramped up their August ad budgets to maximize their exposure during the month of the 2008 Beijing Olympics.
But according to Nielsen, many of China’s advertisers took a break from advertising in August, sending overall ad spending in China tumbling to levels last seen in May 2008, when the Sichuan earthquake hit and advertising was suspended for three days.
Advertising spending in China grew, year over year, by just 7% in August, Nielsen reported Monday.  In comparison, China’s ad spending grew by an average of 19% in the seven …