The House of Mouse Decides to Shanghai Its Iconic Park

By: Going Like Sixty - Published: Jan 11, 2009   Updated: May 19 2011 • References: online.wsj
The Disney folks aren't waiting around for the economy to improve worldwide, they are single-handedly making it happen. In announcing the $3.9 billion theme park expansion in Shanghai, they have committed to the largest foreign investment in China--ever. The park would create 50,000 jobs!

Implications - The idea is still up in the air as nothing has been signed or approved yet. Disney claims that it could take up to a year for China to sign an agreement with them. If China gives a thumbs up, the project is estimated to finish in the year 2014. The addition to the park would include loads of shopping, fancy hotels and of course, cool rides. Stats for Disney World Domination Trending: Older & Chilly
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