Nov 5, 2009

globalization in my backyard.

Interesting, It begins:

Shanghai Disney Approved by Administration

"Mr. Iger called the approval “a very significant milestone” in a statement, taking care to praise China as “one of the most dynamic, exciting and important countries in the world.” A spokeswoman declined to elaborate on details. Throwing open its doors to such a uniquely American — and permanent — entertainment experience is a milestone for China, which has aggressively protected its culture from Westernization in general and Hollywood in particular. Only 20 non-Chinese films are allowed to be shown in theaters each year, for instance, and those are often edited.

“Disney, perhaps the most iconic American brand of all, is supercharged in this department,” said Orville Schell, director of the Asia Society’s Center on U.S.-China Relations.

It was unclear what convinced China to finally approve the deal after years of off-again, on-again talks. The prospect of creating tens of thousands of jobs at a tough economic moment might have played a role, Mr. Schell and other analysts said.

Others have speculated that the timing involved President Obama’s inaugural visit to China later this month.

Mr. Schell said he saw something more at work. “It’s a signal that now they will tolerate a certain kind of Western investment,” he said."

I have two responses to this:

1. I gotta get out of here before this opens.

2. I need to stay so I can go!

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