. >> reporter: this is the cultural analyst for shanghai disneyland. what's the difference between an what they want to see at disneyland? >> from my understanding, it's because america has a history. we know disney stories. they grew up with us. for us, we only know mickey and minnie. for us, it's hard for us to for us to make this experience that even when you don't know the characters, you feel excited to see them. >> reporter: she shows me the wandering moon tea house. it celebrates the diverse landscapes of china. >> we're entering the forest room. it's forest. definitely our team is inspired by that. >> reporter: that pride making this park entirely unique. to a fairy tale ending. >>> they went big. >> i kind of want to go just to hear the disney songs in mandarin. >> it would be kind of cool. very nice. >> that's the news for this half hour. remember to follow us on facebook. wnnfans.com.

bob iger open shanghai disneyland in june to much fanfare. business for disney after media business. share of thee 65% global market just by attendance alone. this chart shows the domestic and international breakdown of disney's park revenue. of the business has not made a profit since 2004 when it really begin breaking that out. it's hurting. also, tokyo is the only one profitable. the it shows the stakes of new shanghai disney and how important that is. scarlet: they spent $300 million in preopening expenses according to bloomberg intelligence so it won't generate any profit this fiscal year. couple companies reporting after the bell. solar city in the process of selling to tesla. i want to take a look in the solar city fortune. i'm looking at the eeg function on the terminal. the white line is the share price. you can see $90 a share in relief 20 -- in early 2014. it's striking the red line are the estimates for this particular quarter and right now, they are estimated to earn -$2.50. two years ago, the estimate was for a flat zero. you ca

very complex, very unique in the sense that there is a lot of it, a lot of original product in shanghai disneyland. it opened flawlessly. the reaction has been great. interestingly enough, the visitation has come from all over china. it is taking great advantage of shanghai as a tourist destination particularly in the summer. >> the duke of westminster has died at age 64. afterd at lancashire suddenly falling l. ill.lling he and his family had a fortune of 9.4 billion pounds according to the bloomberg billionaires index. and increasing its stake in u.s. government debt. it loaded up on government debt for the third straight on. that as the u.k. vote in june spoke -- sparked a global rally. to an unprecedented low. the yield to bounce rock slightly following a stronger than accept -- expected u.s. employment report. this is bloomberg. you.thank the bank of england is making an announcement at 9 a.m. u.k. time -- since the central bank started easing. the bond buying scheme has seen the guilt curve giving flatter as long-term bonds hit record low yields. discuss best joining us to discuss this. , wh

. >> reporter: she's the cultural analyst for shanghai disneyland. >> what's the difference between american and chinese in terms what they want to see at disneyland? >> for me, for my understanding, because american has such a history. we know the stories so well. grew up with it. for us we know mickey and minnie. it's hard for us because we don't know the characters. >> reporter: she shows me the landscapes of china. >> we're entering the forest room. it's really inspired by southeast china where you have a lot of bamboo forest. definitely our team is inspired by that. >> reporter: that pride making this park entirely unique. and that may just be the key to a fairy tale ending. for "nightline," i'm bob woodruff in shanghai, china. >>> next, you won't believe what justin bieber and selena gomez are fighting about now on instagram. why selena is trying to kill them with kindness. ? kill them with kindness ? viagra single packs... so guys with ed can... take viagra when they need it. or adempas? for pulmonary hypertension. your blood pressure could drop to an unsafe level. to avoid long-term

. >> reporter: she's the cultural analyst for shanghai disneyland. >> what's the difference between american and chinese in terms what they want to see at disneyland? >> for me, for my understanding, because american has such a for us we know mickey and minnie. it's hard for us because we don't know the characters. >> reporter: she shows me the wandering moon teahouse which celebrates the diverse landscapes of china. >> we're entering the forest room. it's really inspired by southeast china where you have a lot of bamboo forest. definitely our team is inspired by that. >> reporter: that pride making this park entirely unique. and that may just be the key to a fairy tale ending. for "nightline," i'm bob woodruff in shanghai, china. >>> next, you won't believe what justin bieber and selena gomez are fighting about now on instagram. why selena is trying to kill them with kindness. viagra single packs... so guys with ed can... take viagra when they need it. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain or adempas? for pulmonary hy

building something that was large and complex and unique and there is a lot of original product in shanghai disneylandt opened flawlessly. the reaction has been great puritan visitation has come from all over china and has taken great advantage of shanghai as a tourist destination. high and is extremely people are staying about two hours longer per visit than we expected. that suggests people are enjoying it a lot and the per cap spending has been strong. -- we were just guessing how it would do because it is a brand-new market for us, we are pleased with what we have seen. well over one million people have visited since it opened on june 16. we have already broken ground with expansion. we feel great about it. advice.ive us we talk a lot about doing business with china. you say you spent 17 years and had a lot of success learning how to work with the most senior leadership all the way up to the top of china and other companies have had a tougher time. what advice do you have for others who want to do business with china? bob: i thought about that question because i have been asked a few times. imo no

scarlet: what has not been an overreaction is the adulation for shanghai disneyland. te any profit for now because it has $300 million in preopening expenses. what kind of numbers can we expect from shanghai disney? >> it was an extraordinary opening, very high quality, premium part that they priced at a premium price relative to the other properties in the marketplace. investors will be looking for , earlynds in visitors feedback on visitor attendance will be a key driver. matt: having an orchestra is pretty good for disney. paul, thanks so much for joining sweeney talking disney. we will be watching that very closely tomorrow. up, strategy for chinese ex-pats in europe. this is bloomberg. ♪ signing dealsma with brick-and-mortar retailers in europe. ise to discuss the strategy betty liu. what is interesting is that jack ma and alibaba are not europe at all. betty: 120 million chinese tourists have gone abroad. that's an amazing number. matt: 120 million chinese left the country for a vacation. eddie: even more amazing is how much they are spending. think about how muc

large, built something complex, unique, in the sense that there is a lot of original product in shanghai disneylandsly. the reaction in china has been great. the visitation has come from all over china. it is taking great advantage of shanghai as a tourist destination, particularly in the summer. awareness is extremely high. people are staying about to longer as per visit than we expected. that people are enjoying the product a lot, and the per cap spending is strong. we had estimates, but we were just guessing about how we do because it is brand-new product in a brand-new market for us, but we are extremely pleased with what we have seen so far. well over a million people have visited the park since it opened, and the prospects look really strong, so much so that we have already broken ground on expansion, feel great about it. us some advice. we talk a lot about china and ,oing business with china western companies, u.s. countries in particular in china. you spent 17 years and have had a lot of success with working with the most senior leadership in china. other companies have had a tougher time.

we built something that is large and unique, in that there is a lot of original product in shanghai disneyland to it in china has been great. from allation has come over china. it is taking advantage of shanghai as it tourist destination, particularly in the summer. awareness is extremely high. people are staying about two hours longer per visit than we expected. that suggests people are enjoying the project. we had estimates, but we were really guessing about how we would do. it is a brand-new product in a brand-new market for us. we are extremely pleased with what we have seen. well over one million people have visited the park since it opened in june. the prospects for the business look strong. so much so that we have broken ground on expansion. we feel great about it. contendersor party for the u.s. presidency laid out their economic policy plans. we examine their proposals from a variety of perspectives. let's start with the president of an cema global, and senior economic adviser to donald trump. >> what, for you, with the key elements in what donald trump laid out? >> i am glad you poin

there's a lot of original product in shanghai disneyland. it opened flawlessly. in china has been great. the visitation has come from all over china. it has taken great advantage of shanghai as a tourist destination. intent to visit is very high. people are staying about two hours longer per visit than we expected. that suggests that people are enjoying the product a lot. we had estimates, but we really were just guessing about how it would do. it is a brand-new product in a brand-new market. we are extremely pleased with what we've seen so far. businessects for this look really strong, so much so that we've already broken ground with expansion. >> bob, last question. give us some advice. we talk a lot about china and doing business with china and u.s. companies going to china. you spent 17 years. you had a lot of success at learning how to work with the most senior leadership. other companies have not had as easy a time. what advice do you have for others who want to do business in china? >> i've thought about that question. i've been asked a few times. it is no

something that was very large and complex and unique, and there is a lot of original product in shanghai disneyland and it opened flawlessly. the reaction to it in china has been great. interestingly enough visitation, has come from all over china and has taken great advantage of shanghai as a tourist destination, particularly in the summer. awareness is extremely high and people are staying about two hours longer per visit than we expected. that suggests people are enjoying the product a lot and the per cap spending has been strong. we had estimates that we were just guessing how it would do because it is a brand-new market for us, we are pleased with what we have seen. well over one million people have visited since it opened on june 16. the prospects for this business look really strong, so much so that we have already broken ground with expansion. we feel great about it. david: bob, absolutely the last question. give us advice. we talk a lot about doing business with china. particularly u.s. companies going to china. you say you spent 17 years and had a lot of success learning how to work with

really large and complex and unique in the sense that there is a lot of original project in shanghai disneyland it opened flawlessly. the reaction in china has been great. interestingly enough, visitation has come from all over china and has taken great advantage of shanghai as a tourist destination, particularly in the summer carried content to visit is high and awareness is high. people are staying about two hour longer per visit, which suggests people are enjoying the product ais lot and the perk of spending has been strong. we had estimates but we are just guessing about how it would do because it is a brand-new product in a new market for us. we are extremely pleased with what we have seen so far. well over one million people have visited the parks since it opened on june 16 and the prospect for the business looks really strong. so much so be have already broken ground and we feel great about it. ramy: both major party contenders for the u.s. presidency laid out the economic policy plans only examined their proposals from a variety of perspectives. david,tart with president in seem of glob

was very large, very complex and unique in the sense that a lot of it is original product in shanghai disneyland open flawlessly. the reaction to it in china has been great. interestingly enough, visitation is come from all over china and is taking great advantage of shanghai as a tourist destination, particularly in the summer. intent to visit is very high and awareness is extremely high. people are staying two hours longer purpose of than we expected which suggests the bar enjoying the product a lot. we had estimates, but we really were just guessing about how it would do because it is a brand-new product in a brand-new market but we are extremely pleased with what we have seen so far, well over one million people have visited the park since it opened on june 16 and the prospect of the business loves very strong, so much so that we have already broken ground with expansion. we feel great about it. >> bob, last question. give us some advice. we talk a lot about china and doing business with china in western companies, particularly u.s. companies in china. as you say, you spent 17 years and have

and very complex, very unique in the sense that there is a lot of it, original product and shanghai disneyland opened flawlessly. the reaction has been great. interestingly enough, the visitation has come from all over china. it is taking great advantage of shanghai as a tourist destination particularly in the summer. : the duke of westminster has died. family had a fortune of 19.4 billion pounds. -- increasing to a five month high in july. it landed up for third month as eu u.k. votes to leave the in june. the yield has since gone back following a better-than-expected u.s. on a permit report. than 120ews and more countries. you can find more stories on bloomberg. david inglis is standing by to take us through the latest on the markets. a real break below that went to level. how does that translate into the equity story? that youry good point are making. japan is closing up shop. we are getting some pressure. we did get pressure on the equity markets. it was not just a strong yen story, it was more about a week dollar. the dollar got whacked silly. down in every single currency. i will talk ab

. >> reporter: this is the cultural analyst for shanghai disneyland. what's the difference?tanding, it's because america has a history. we know disney stories. they grew up with us. for us, it's hard for us to for us to make this experience that even when you don't know the characters, you feel excited to see them. >> reporter: she thoughs me tsh wandering moon tea house. >> this is inspired by chinese forest. >> reporter: that pride making this park entirely unique. and that may just be the key to a fairy tale ending. >>> they went big. >> i kind of want to go just to hear the disney songs in mandarin. >> it would be kind of cool. very nice. >> that's the news for this h >>> this morning on "world news now," donald trump's proposed test. >>> the republican nominee rolls out his plan to test anyone looking to stay in the u.s. trump is touching upon other topics in his foreign policy speech and is being accused of revisionist history. >> severe weather across multiple regions overnight. a storm system in the midwest spurred a damaging tornado in indiana as the flood waters in

. >> reporter: this is the cultural analyst for shanghai disneyland. what's the difference between an american and chinese in terms of disneyland? >> from my understanding, it's because america has a history. we know disney stories. they grew up with us. for us, we only know mickey and minnie. for us, it's hard for us to for us to make this experience that even when you don't know the characters, you feel excited to see them. >> reporter: she shows me the wandering moon tea house. it celebrates the diverse landscapes of china. >> we're entering the forest room. it's inspired by forest. definitely our team is inspired by that. >> reporter: that pride making this park entirely unique. and that may just be the key to a fairy tale ending. >>> they went big. >> i kind of want to go just to hear the disney songs in mandarin. >> it would be kind of cool. very nice. >> that's the news for this half hour. remember to follow us on facebook. wnnfans.com. >>> making news in america this morning, rivers cresting in louisiana reach historic levels after more than tw

you look at the investments we have made at parks and resorts, most notably shanghai disneyland.company we have growth areas that have become more compelling than they had been and we have some growth areas that will continue to grow but will not be as compelling as they had been. david: you've obviously had a remarkable quarter, particularly out of the movie studios. one, when a day, and the over-the-top services will make up for the difference in the growth rate in espn? .ob: we are hopeful i cannot absolutely predict that but we think the over-the-top services offer consumers a great user experience. it is possible a lot of these services will be lighter in nature in terms of fewer channels and lower-cost. it may help either retain customers who have been customers of the multi channel bundle, or attract new customers that may not have signed up to the current multi channel product because it has to many channels at a cost they deem too high. we think ultimately it is positive. whether it stems the tide completely, we do not know, but it is certainly a step in the right direct