White House trade adviser is NOT happy Disneyland just reopened in China but remains closed in California

White House trade adviser is NOT happy Disneyland just reopened in China but remains closed in California


Shanghai Disneyland just opened its gates to the public, albeit with some major adjustments, after the coronavirus pandemic forced the park to shut down for more than three months.

Here’s a glimpse of opening day:

Andrew Bolstein, SVP of the park, talked to CNN about safety measures Disney
DIS,
-1.27%

has undertaken, including deep cuts to capacity, with visitors outnumbered by workers.

“We’ll be able to strike that right balance between the safety and health and confident side,” he explained, “and then the magic that we’re able to deliver every day.”

Nice to see the magic return somewhere, right? Wrong, says White House trade adviser Peter Navarro, who expressed his displeasure in an interview on Fox News:


‘It crossed me that Disneyland in Shanghai is opening this morning, while my own Disneyland in my own homeland in Orange County, in Anaheim, where Disneyland was born, is still shut because of the Chinese Communist Party. That makes me mad.’

Here’s a clip from his appearance:

Navarro, a native of California, took the blame game over to CNBC in another interview on Monday in which he pointed the finger toward the other side of the world.

“A bill has to come due for China,” he said. “It isn’t a question of punishing them, it’s a question of holding China accountable, the Chinese Communist Party accountable.”

Watch the CNBC interview:

President Trump has said he believes China started the pandemic by “mistake,” and on Friday expressed doubt as to whether the U.S. would stick to phase one of the trade deal.

“I’m very torn as to — I have not decided yet, if you want to know the truth,” Trump told Fox News when asked recently if he would scrap the deal.

As far as Navarro’s hope for a reopening of Disneyland, that might have to wait awhile.

During the company’s second-quarter earnings call with analysts, Disney CEO Bob Chapek said “it’s too early to predict” when all of the company’s theme parks will resume operations.

Wall Street isn’t so sure, either.

“We don’t think re-opening plans in Shanghai are super relevant to the U.S. assets given China versus U.S. societies have very different standards around rules, regulations, testing and tracing,” Wells Fargo analyst Steven Cahall wrote in a note.



Source link

get a room cheap

saving people money in the travel industry for decades.

Leave a Reply

Close Menu