In a deal two decades in the making, China is opening its doors to the Walt Disney Co., having finally given the quintessentially Western enterprise the go-ahead to bring Mickey Mouse and his fellow characters to Shanghai with a new Disney theme park tailored to the Chinese megalopolis. –KA

The New York Times:

The initial resort, with a mix of shopping areas, hotels and a Magic Kingdom-style theme park, will sprawl across 1,000 acres of the city’s Pudong district — with the theme park occupying about 100 of those acres. It would be a little bigger than Disneyland in Anaheim, Calif., and on par with the parks in Paris and Tokyo. It is expected to open in five or six years.

Disney’s plans are ambitious: If further development of the resort happens as expected over the coming decades — still a big if — it will encompass more than 1,700 acres and have a capacity rivaling Disney World in Florida, which attracts about 45 million annual visitors.

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