Walt Disney (DIS.NYSE) may expand its US$4.78 billion (RMB29 billion) Shanghai resort after it opens in 2015 in order to meet rising demand in China, Bloomberg reported, citing CFO Jay Rasulo at a conference in New York on Tuesday. Shanghai Disney Resort will be almost 1,000 acres in size when it opens, putting it third behind Walt Disney World in Orlando, Florida, and Disneyland Paris. The Burbank, California-based company owns 43% of the venture with the state-owned Shanghai Shendi Group, a consortium of three businesses, holding the rest.
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