In 1955, Walt Disney created a magical world hidden away in California, to give children and adults alike a place to let their imaginations soar -- where even the impossible could occur.
51 years later, in March 2007, a messageboard was created with the exact same purpose: to give the fans, the children at heart, a place to discuss their love of all things Disney without the fear of judgement from those who have 'grown up' and sadly no longer believe in magic.
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Graphics: miss manday of TMK
Sidebar: dana
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it's the time of your life -- you don't wanna miss out on right here and now
 New Disney Park Confirmed - Shanghai Disney
| ♦ AlicePotato |
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Team Minnie
Group: Mouseketeer
Posts: 511
Member No.: 107
Joined: 1-October 07
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| QUOTE | The Chinese government has approved plans for the Walt Disney Company to build a theme park in Shanghai, its first in mainland China.
The central government approval of the Magic Kingdom-style park, in the Pudong district, comes after years of talks.
Disney hopes to open Shanghai Disneyland by 2014, at a reported cost of about $3.6bn (£2.17bn).
The announcement comes two weeks before US President Barack Obama makes his first official visit to China.
'Devastating blow'
Disney said the announcement would allow it to sit down with the Shanghai government to hammer out a final agreement on the project.
Disney president and CEO Robert Iger said: "China is one of the most dynamic, exciting and important countries in the world, and this approval marks a very significant milestone for the Walt Disney Company in mainland China."
Disney has about 5,000 branded locations selling merchandise across mainland China and hopes the presence of a theme park will further boost sales to a population of 1.3 billion.
The company says the park will have "characteristics tailored to the Shanghai region".
It will reportedly be about 10 sq km (four sq miles) in size.
The official Xinhua news agency quoted Shanghai officials as saying large state-owned firms would form a joint investment venture with Disney.
The park will be Disney's fourth outside the US, after Tokyo, Paris and Hong Kong.
Government officials in Hong Kong insist the Shanghai park will not be a competitor.
Secretary for Commerce and Economic Development Rita Lau insisted China could accommodate two parks.
However, Democratic Party vice-chairwoman, Emily Lau, told the RTHK broadcaster the news was a "devastating blow" to Hong Kong Disneyland.
"We've committed tens of billions of dollars and now I just don't know how we will ever recoup back the money." |
Source: http://news.bbc.co.uk/2/hi/asia-pacific/8341570.stmI'd heard rumours of this before, but was pretty suspicious of them. But if the BBC is reporting it, I'm sure it's legit. Anyway, I'm totally excited for this! Of course, it adds a bit more onto my 'visit every Disney park ever' goal, but it's not as if I mind there being more to visit. ;) What are everyone else's thoughts? (The forum's not totally dead, right? We all just took a looong break and are coming back eventually, yes~?)
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