Thursday, November 05, 2009

Walt Disney Theme Park in Shanghai: Luxury for Flourishing Riches in China

I saw a list of 400 richest people in China according to Forbes and I wrote about it in the Hobby Economist Blog. It seems that the country is walking towards restricted capitalism inch by inch. So, I am not surprised to see that the government has approved the idea of a Walt Disney Theme Park in Shanghai. Shanghai is a prosperous city and the new rich people of the country mainly live in this city. So, they need some kind of entertainment and a theme park from Disney is a very good thing. It will save perhaps the country some foreign exchange as some rich people will not feel the need to travel other countries to enjoy the pleasure that Disney has to offer.

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