From cnn.com:
Walt Disney Co. hasnt signed any agreement to build a theme park in Shanghai, the media and entertainment giant said Monday.
“There is no agreement and there is no deal to construct a theme park in Shanghai,” Disneys vice president of corporate communications Alannah Hall- Smith said in a statement.
Disney issued the statement to deny earlier media reports that said it would build a theme park in the Chuansha area in Shanghais Pudong district.
On Saturday, Hong Kong newspaper Wen Wei Po said Disney would open its first theme park in mainland China no earlier than 2012, missing Shanghais original plan of opening the theme park in 2010, ahead of the Shanghai World Expo.
The newspaper said Shanghai and Disney would issue a formal announcement around August, when the Olympic Games will be held in China.
Hall-Smith declined to comment on the report.
