Chinese Disney Exec Loses Job After Disney Finds He's Been Setting Up Unauthorized Deals - Sensationalist Headlines

Chinese Disney Exec Loses Job After Disney Finds He's Been Setting Up Unauthorized Deals

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[quote]In 2013, Meng Dekai, a Disney executive in China, signed a deal with the mayor of Hefei to build a $1.3 billion “Disney cultural and industrial park.” It was one of several agreements with multiple cities in China that Mr. Meng apparently signed. The only problem: He was not allowed to do so. The Walt Disney Company said on Wednesday that it had parted ways with Mr. Meng — it did not say whether he resigned or was fired — after opening an investigation into allegations that he had signed deals with local governments for Disney-related projects. The brazenness of the apparent duplicity highlights the risks for foreign companies operating in China, where counterfeiting and corruption are still rampant despite repeated government campaigns to crack down. Reports of Mr. Meng’s deals across the country have also led to widespread confusion about Disney’s future plans across China, the world’s second-largest economy. The company said it started the investigation after The Paper, a Chinese news website, reported in February that Mr. Meng had signed deals for projects with several Chinese cities. A Disney spokeswoman said the company was “investigating,” when asked whether it would push for a criminal inquiry. Mr. Meng could not be reached for comment.[/quote] [url=https://www.nytimes.com/2017/03/29/business/china-walt-disney-fake.html]NYT[/url]

Well, that sucks for the kids who wanted that to happen.

[QUOTE]In 2013, Meng Dekai, a Disney executive in China, signed a deal with the mayor of Hefei to build a $1.3 billion [B]“Disney cultural and industrial park.”[/B][/QUOTE] What does this even mean and why does it sound like the most Chinese thing ever devised

[QUOTE=piddlezmcfuz;52033827]What does this even mean and why does it sound like the most Chinese thing ever devised[/QUOTE] you have fun in the rides and make souvenirs at the same time

[QUOTE=YouWithTheFace.;52034067]you have fun in the rides and make souvenirs at the same time[/QUOTE] I can't wait for the Guangxi Zhuang Family Fun Park and Battery Factory to be built.

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