From Reuters via The Washington Post:
Shanghai‘s mayor in March said the city was eager to host Disney, after the $1.8 billion Disneyland Hong Kong opened in 2005, while China’s capital city Beijing also wants one.
Disney had been coy about its mainland plans in the run-up to its opening in Hong Kong in September. But Mitchell said there was a market for both attractions, and that a new park in Shanghai would not undermine the Hong Kong site, the China Daily said. [Full Text]
See also Disney theme park awaiting gov’t nod via Xinhua News Agency.