While my hometown is hockey, my temporary one is Olympics. While not overly in-your-face to the point of seeing only that, the Beijing Olympics are quite noticeable in Hong Kong. It is a lot more than it is in Canada (more so because of the volume of advertisement here, I think) and the ads are not necessarily associated with commercial partnerships, as demonstrated in the previous picture of a Hong Kong tramway. Hong Kong people strongly support the Olympics (see opinion poll), and the feeling about the Olympics here is a far cry from the sentiment felt in Western countries.
Moreover, equestrian competitions for the 2008 Olympics are to be held in Hong Kong, for hygiene reasons, and probably also because of the territory’s long horse racing tradition.
I was in Taiwan last week for a week, and any Olympics-related advertisement was nowhere to be seen (but I did not go look for it).
I am about to board my flight for Beijing, so I might be able to tell you in a week how it compares!