Disney optimistic about Shanghai plans
Posted Tuesday, January 27, 2009 11:32 AM | Contributed by Jeff
Walt Disney & Co. said no agreement has been made yet with Chinese authorities on the opening of a Shanghai theme park, although it was “optimistic” as negotiations continued. An application to build the park was submitted to the relevant government bodies after the Burbank, California-based company had completed a feasibility study, Disney Managing Director for Asia Bill Ernest said today in an interview.
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