Disney Coming to China

On Tuesday, Novemeber 3, 2009. Disney finally allowed to enter China. Disney had planned about 20 years for this project, it could be the best deal for them. They plan to spend $3.5 billion to build the playground in Pudong District Shanghai and expect to open in 5-6 years.. They expect to attract 45 million visitors per year, and meet 1.3 billion needs of Disney products. In my opinion, it benefits both China and the Disney compay. Since China has a large population, but there is only one Disneyland in Hong Kong, so it is very crowded there, and some people who live far from Hong Kong even have no chance to go there. After the Shanghai Disneyland open more Chinese people can go there. Since Shanghai is located in the middle of China which is also the finance and economics center of China. More and more young people want to study there, work there and even live there. These will increase the number of visitors. According to The New York Times (B5, Wednesday, Nov4,2009) there are about 300 million people who live with in two hours of the site, and the Disney will own about 40% of the playground which will result in a large amount of income. On the other hand, it will increase the employment rate of China, which will increase the improvement of the Chinese econimics.