Obama Celebrates ‘Mutually Beneficial’ Disney Resort In China

President Barack Obama celebrated the opening of a Disney resort in China, calling it a “mutually beneficial” business opportunity that represented the future of relations with the two countries.

“Blending a U.S. business with the beauty and rich cultural heritage of China, this resort captures the promise of our bilateral relationship,” Obama said in a letter to Walt Disney Chairman Bob Iger that was read aloud at the opening of the $5.5 billion Shanghai Disney resort. The text of the letter was reported by the Hollywood Reporter. 

“With the opening of Shanghai Disney Resort, Disney is providing the people of China with family entertainment for all of China and its Mainland,” the letter read, calling the resort a symbol that “reflects the growing relationship between our nations.”

Obama also celebrated the cultural significance of the event in his letter.

“It promotes further cultural exchanges and underscores the importance of China continuing to make itself more attractive to investment from around the world, that is mutually beneficial to both our countries,” he wrote.


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