Quinnmac000
Well-Known Member
Exactly. They're gonna have to spend, spend, spend. And at the end of the day, CCP gets their headlines for more employed workers, while Universal is left crawling because the park will open either under mountain of debt, or tremendously underbuilt.
A big price tag doesn't mean squat in China in terms of actual scale.
Bear in mind, the Xinhua article that claimed the park got a massive boost also said the park would attract an estimated 100 million visitors a year, or double WDW. I don't even have words for the nonsense the CCP cooks up.
1. Universal owns 45% of the park but only putting 3 billion into it...its the CCP that is putting 12 billion into the park. So no it won't be Universal carrying a mountain of debt.
2. Shanghai Disney costed 5 billion. At at 15 billion dollar price tag for the full resort, that is the opposite of cheaping out or under building.