Uni­ver­sal Stu­dios park breaks ground

China Daily (USA) - - BUSINESS -

Con­struc­tion has be­gun on a $7 bil­lionUniver­sal Stu­dios theme park in Bei­jing, State me­dia said onMon­day, as the stu­dio looks to chal­lenge Dis­ney in China’s boom­ing leisure mar­ket. The com­plex is due to open in 2020 and has se­cured in­vest­ment of 50 bil­lion yuan ($7.4 bil­lion), the of­fi­cial Xin­hua news agency said. China is pro­mot­ing con­sumer-driven

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