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October 14, 2014

Universal to build Beijing theme park

BEIJING (AP) — China has approved the development of a $3.3 billion Universal theme park in Beijing that would be the first major foreign-owned theme park in the Chinese capital.

The U.S. company Comcast NBCUniversal and a consortium of four Chinese state-owned companies announced the plan Monday, saying the park will be developed on about 300 acres (120 hectares) in eastern Beijing.


 
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