China’s first ever Disney resort opens to the public on Thursday. The complex cost €4.8 billion and took five years to complete. Developers hope it will be able to keep up with the competition.
Britain handed Hong Kong back to China 20 years ago. Beijing should now understand that the "one country, two systems" principle has given rise to an independent generation of Hong Kong residents, says DW's Frank Sieren.
Disney's first resort in mainland China has opened its doors after years of construction. The park is expected to draw between 15 and 50 million visitors a year.
New York-based MSCI, the world's largest stock index provider, has included China in its key emerging markets list. A government spokesperson hailed the decision as confidence in China's future economic prospects.
The Magic Kingdom comes to the Middle Kingdom. Disney opens its first theme park in mainland China, betting the growing middle class will spend big on leisure despite a slowing economy.
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