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Tuesday, November 3, 2009

China Approves Disney Theme Park in Shanghai

But how long will it take for a pirated version of the park and products to outsell the genuine?
China Approves Disney Theme Park in Shanghai

Published: November 3, 2009

LOS ANGELES — After a courtship of about 20 years, the Walt Disney Company has won approval from the central government of China to build a Disneyland-style theme park in Shanghai, Robert A. Iger, Disney’s chief executive, said Tuesday.

The agreement for a Shanghai Disneyland is a landmark deal that carries enormous cultural and financial implications. Analysts estimate the initial park — not including hotels and resort infrastructure — will cost $3.5 billion, making it one of the largest-ever foreign investments in China.

Read more....

Oh, wait. They already have pirated the park... and the products... so it looks like the pirated versions are already ahead.

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