Shanghai to own 57 pct of new Disney park -paper

Nov 4th, 2009 - Reuters

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BEIJING, Nov 5 (Reuters) - An investment company controlledby the Shanghai city government will own a majority stake in aplanned Disney theme park that won key government approval thisweek, the People's Daily reported on Thursday.

Shanghai officials on Wednesday announced that the park hadgotten key central government approval ahead of a planned visitby U.S. president Barack Obama this month [ID:nN03523281].

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