CNBC: Disney CEO Bob Iger said he is”extremely bullish” about China’s long-term prospects, as he unveiled details of its first theme park in the country. Shanghai Disneyland, due to open next spring, is expected to cost Disney, along with partners the Shanghai Shendi Group, $5.5 billion. The unveiling of the park comes at a difficult time for businesses in China, following weeks of market volatility – but Iger said he is not concerned. “Disneyland was built 60 years ago and has been through the ups and downs of the U.S. economy for six decades.”