Disney gets China's backing for Shanghai park - Summary

Nov 4th, 2009 - Earth Times

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Disney gets China's backing for Shanghai park - Summary

Beijing - Chinese authorities gave their backing to the Walt Disney Co to build one of its theme parks in Shanghai, city officials and the company said Wednesday. The municipal government announced that the Shanghai Disneyland project has received approval by the central government in Beijing, the official Xinhua news agency 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 Co in mainland China," Disney chief executive Robert Iger said in a statement.

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