ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Theme park bailout exposes Hong Kong's funhouse mirror economy

Ocean Park's troubles show how city is failing to make fundamental reforms

| Hong Kong, Macao
The park needs fresh leadership more than just new roller coasters.   © LightRocket/Getty Images

As economic gloom pervades Hong Kong, even the attractions at its two city-owned theme parks are less attractive these days.

There is a ghost-town vibe at Hong Kong Disneyland. Between the trade war and epic anti-China protests, monthly tourist arrivals -- mostly from the mainland -- to Hong Kong are down as much as 56%. Disney has warned that the protests will cost its local park $275 million in the year to September 2019.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more