Stories
Slash Boxes
Comments

SoylentNews is people

Submission Preview

Link to Story

"Wanda City" to Compete with Disney's Shanghai Theme Park

Accepted submission by takyon at 2016-05-28 16:01:46
Business

As Disney prepares to open its sixth theme park in Shanghai at a cost of $5.5 billion, China's richest man has opened a competing theme park [bbc.com] with an emphasis on Chinese culture:

China's richest man has opened a massive entertainment complex to compete with US giant Disney. "Wanda City", in south-eastern city Nanchang, features rides, shopping centres and an aquarium, and cost more than $3bn (just over £2bn).

Its owner, Wang Jianlin, said he wanted to move away from western imports and to establish a global brand based on Chinese culture. Disney is planning to open its own theme park in Shanghai next month.

The new entertainment complex includes an $800m China-themed park filled with twirling "porcelain teacup rides" and bamboo forests, as well as a huge indoor shopping mall, and what is claimed to be the world's largest ocean park.


Original Submission