This is probably the most positive news in the world today. China approved Disney to build a theme park in Shanghai, China. With China’s 1.3 billion population and the economic supply force, this is indeed a significant milestone.
After a courtship of about 20 years, the Walt Disney Company has won approval from the central government of China to build a Disneyland-style theme park in Shanghai, Robert A. Iger, Disney’s chief executive, said Tuesday. The agreement for a Shanghai Disneyland is a landmark deal that carries enormous cultural and financial implications. Analysts estimate the initial park — not including hotels and resort infrastructure — will cost $3.5 billion, making it one of the largest-ever foreign investments in China.
Relating to the popularity outburst of Tokyo Disneyland, this is quite an accomplishment for China to open its doors to the west and allow more foreign involvement although they’ve been known for their strict censorship. The door has finally opened.
You must log in to post a comment.