Disney is once again moving East, reports the LA Times. There’s a Disney park already in Hong Kong, and soon there will be one in Shanghai as well! After a decade of negotiations, the Beijing government has approved plans for a Disney park of its own, which should bring in tourism, publicity, and loads and loads of money.

Construction of the park is projected to cost about $3.59 billion, or half the cost of Paris Hilton’s sweet sixteen party. If everything goes according to plan, the new Disney resort could open as early as 2014.

“China is one of the most dynamic, exciting and important countries in the world, and this approval marks a very significant milestone for the Walt Disney Company in mainland China,” said Disney President and Chief Executive Robert A. Iger.

In addition to Disney’s American resorts, the company also has theme parks in Hong Kong, Tokyo and Paris.