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Everything you need to know about Shanghai Disney
Everyone’s talking about the Shanghai Disney deal -- here's the news roundup
The Shanghai Daily reports on the Shanghai Disney deal, concluded after long talks between the city and Disney, which first announced plans for a mainland park in 2002.
more via Shanghai DailyNo surprise that Shanghai’s market closed higher with the announcement of the Shanghai Disney park. The project is expected to cost US$3.6 billion and take five to six years to complete.
more via Shanghai DailyNo deal in China comes without an interesting history. The China Beat blog makes all the connections for you, including the historic link between World Fairs and Disney theme parks.
more via The China BeatThe press might be eating up the Shanghai Disney park announcement, but Chinese netizens are expressing concern about everything from the park’s timing to its effects on their taxes.
more via Wall Street JournalThe US$3.6 billion development package includes hotels and shopping complexes, in addition to the theme park. The plan calls for Disney to hold 43 percent ownership and manage the park, with the balance owned by a collection of companies controlled by the Shanghai government. The earliest the park might open is 2012.
more via Wall Street Journal