Chinese to build Disneyland

The Chinese government is ready to give the go-ahead for a multi-billion pound Disney theme park in Shanghai.

Quoting an unnamed government official, the South China Morning Post said the 3.6 billion dollar amusement park had been approved.

In a statement, Disney said the park had yet to be confirmed although the company and Shanghai officials submitted a proposal to China's central government.

"No deal has been agreed to, no project has been approved," Leslie Goodman, Disney's executive vice president for worldwide public affairs, said in the statement today.

Hong Kong opened a Disney theme park in 2005.