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Happy ending unlikely in wooing of magic kingdom

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SCMP Reporter

Except for a few rare public statements by mayor Xu Kuangdi in Beijing in March, Shanghai has been keeping pretty mum about its marathon bid to convince Walt Disney to build a theme park in the city.

Part of the reason for the low profile is both sides have agreed the discussions should not be leaked to the Press. In Shanghai, as elsewhere on the mainland, it is easy enough for the city to stick to its side of the bargain. A word from the party or government propaganda apparatus is enough to silence any curious mainland reporter from trying to publish anything about the talks.

Not so in Hong Kong, where newspapers have been competing vigorously to give the public the latest twists and turns of the Disney talks.

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Although a late bidder for the theme park, the SAR seems to be moving into the tough final stage of talks with Disney, and a deal could be announced imminently. But the two sides were unable to settle in time for Chief Executive Tung Chee-hwa's policy speech on Wednesday.

The postponement of the deal, which was first expected to be finalised in the middle of the year, suggests serious hard bargaining is going on between the SAR and Disney to reach a compromise.

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In Shanghai, however, there is no sense that the yawning gap between the two parties is edging closer.

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