Disney Shanghai Official Announcement?

President Barack Obama will be visiting China next month and according to Reuters this might be the right time for Disney to announce their Shanghai project.

Anticipation is riding high that good news on Disney will be timed to coincide with Obama’s visit to China from November 15 to 18 — granting Disney its decade-old wish to locate a theme park on the mainland of the world’s most populous country. (Reuters)

The park is said to cost $3,6 billion and would include a large main gate and a hotel complex. Investors seem to believe the project will get green lighted as those companies involved in building the resort are seeing their shares go up in value.

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