Disney Parks at Hong Kong and Shanghai

choi

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Two recent news pieces from Bloomberg:

(1) Wing-Gar Cheng and Sophie Leung, Hong Kong Disneyland May See Woes Mount With Shanghai Park Plan. Bloomberg, Nov. 5, 2009.
http://www.bloomberg.com/apps/news?pid=20601089&sid=aBvXLFC4pToE

(2) Shanghai Farmers Lose Fields as Disney Builds Magic Kingdom. Bloomberg, Nov. 6, 2009.
http://www.bloomberg.com/apps/news?pid=20601109&sid=aEkAUvcBZD2E

Quote:

"Beijing’s government said last year it used market-based valuations to pay an average of 700,000 yuan compensation to each household relocated for the building of venues for the 2008 Olympic Games. The local government moved 6,037 households, with about 14,901 residents, between 2001 and 2004.

My comment: If a Beijing household did get 700,000 yuan compensation without losing a penny to corruption, that would be great. However, two paragraphs down, it is written: "Farmers in Hubei province relocated because of the Three Gorges Dam project received 6,000 yuan in compensation per household, the state-run Global Times reported Sept. 30." It is a difference like heaven and earth.

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