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#1 ECN

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Group: Administrators
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Joined: 19-June 02
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Posted 05 November 2009 - 05:46 AM

China has finally given a green light for Disneyland to build a theme park in Shanghai. Negotiations that started when Bill Clinton was in the White House have concluded just before President Barack Obama is due to visit. The approval looks like a coup for Walt Disney Co., but it will take all of Mickey's magic to prevent the park from becoming another government-financed loss maker.