Disneyland Hong Kong Is In Trouble!

[Oscar]

News is that Disney has suspended all design and creative efforts for the massive expansion being planned for Hong Kong Disney.

To make matters worse, they laid off 30 workers. Disney, in a statement, said that it has been two years of investing and working with the government of Hong Kong for an expansion plan and no deal has been met. Therefore, they are putting an end to their expansion plans.

Hong Kong's local government quickly released a statement where they hope that Disney reconsiders its withdrawal from the expansion plan.

So who will be the first to bend over? Disney? Hong Kong? It's anyone guess... What's your opinion on this?

Source: Bloomberg