China's investment woes cast shadow over Disney debut

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A drizzly opening day at the Shanghai Disney Resort.

YUSHO CHO, Nikkei staff writer

SHANGHAI -- The Shanghai Disney Resort's opening Thursday was, on its face, a triumph for a country targeting a consumption-driven economy. But the official comments on the day betrayed a lingering preoccupation with an increasingly faulty growth engine: private investment.

Walt Disney CEO Bob Iger kicked off the park's opening ceremony on a high note, telling guests in Chinese that the company's dream had become reality. Chinese Vice Premier Wang Yang quickly brought a more political tone to the proceedings.

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