That's also a quote from the New York Times article about Disney and China.
What gets moved or destroyed for Shendi's plans? People? Houses? Graveyards? Local businesses?
About the "groundbreaking ceremony for the Shanghai resort in April 2011," Mr. Iger said:
"This is a defining moment in our company's history...Along with our partner, the Shanghai Shendi Group, today I am very proud to announce the official launch of the Shanghai Disney Resort."
Several paragraphs later, the article says:
"Along with its stake in the park, Shendi stands to make a fortune from a 4,000-acre plot of land that it controls around the resort. In other locales, Disney has typically maintained a firm grip on the immediately adjacent real estate. Shendi wants to use such land for hotels, spas and retail, like its new Shanghai Village, a 590,000-square-foot outlet mall, with luxury shops selling Armani, Kate Spade, Juicy Couture and other brands."
Copyright, with noted exceptions, L. Kochman, June 14, 2016 @ 4:20 p.m.
