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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Disney says it will submit Shanghai park plans to Beijing AFP - 2 hours 39 minutes ago SHANGHAI (AFP) - - The Walt Disney Co. entertainment giant said Monday it is preparing to submit plans to the Chinese government to build a theme park in Shanghai, but stressed no deal had been agreed with Beijing. After months of denying Chinese media reports that a deal was imminent, Disney acknowledged it had worked on a joint application report with the Shanghai municipal government, but said it was still in the proposal stages. "No deal has been agreed to, no project has been approved," Disney spokeswoman Leslie Goodman said in an e-mailed statement. Disney has been in talks with Chinese officials for a decade about building a theme park in China's economic hub and largest city. "As part of this lengthy process, we worked on a joint application report with the Shanghai government which will be submitted to the central government for review," Goodman said. Disney declined to say whether the application had been completed or when it might be submitted to the central government. Previous Chinese media reports had said the proposed park could be built on a 10-square-kilometre (3.9-square-mile) site near Shanghai's Pudong airport. Beijing would provide the land in exchange for a stake in the park, but Disney would manage the facility, according to previous media reports. The reports said Disney's Shanghai theme park could be eight times the size of its park in Hong Kong, which is 57-percent government owned. Disney's Hong Kong park has been struggling to meet visitor targets since it opened in 2005. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy Oil falls below $40 as investors eye US earningsAP - 40 minutes ago BIS-HIGHLIGHTS-Central bankers attend BIS meeting in BaselReuters - 59 minutes ago Glint of greener cars fails to lift pall from Detroit auto showAFP - 2 hours 12 minutes ago China Eastern: fuel hedging loss $900 millionAP - 2 hours 16 minutes ago Related Articles: Business TOPWRAP 2-Rising job losses fuel global recession fearsReuters - 38 minutes ago Most China stocks rise, financials depress indexReuters - 39 minutes ago Russia allows 2nd rouble weakening in 2 daysReuters - 40 minutes ago Oil falls below $40 as investors eye US earningsAP - 40 minutes ago European stock index futures point to early dropReuters - 41 minutes ago Enlarge Photo Disney says it will submit Shanghai park plans to Beijing Related Photos Slideshow Full Photo Coverage: Business & Economy Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Britain's Prince Harry apologises for racist language Israeli troops push deeper into Gaza's main city Is Tintin gay? Cartoon birthday boy dogged by rumours Swiss bank set to announce record loss: report Kate Winslet wins Golden Globe supporting actress View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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