November 23, 2001
8:33 AM
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Honk Kong's reclaimation efforts for Disney are killing its fishing industry.Is this the proper way to reclaim land? It looks like HK would happily trade away its dwindling fishing industry for a Disney business opportunity. I can't decide if this is economic progress or a very risky trade between a market that produces goods (fish) and one that produces a service (entertainment). I can't read this and not think of Paris' Eurodisney disaster. I wonder how the one in Tokyo is doing.
posted by skallas (4 comments total)
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But Hong Kong should learn from the problems of Paris: a Disney park is not guaranteed profit for any government, especially since Disney has a history of extracting as much from the local area as it brings in via tourism. Disneyland Paris is now a success, but it took ten years to get there. Meanwhile I understand the Hong Kong Disney park is, for financial reasons, a stripped-back Disneyland with less quality rides and less themed lands than usual.
posted by skylar at 10:02 AM on November 23, 2001