As the ultimate tribute to Jacko, Shanghai's getting a little wacko by building a smaller version of the ex-King of Pop's Neverland Ranch on Chongming Island. The real ranch, located in California, contained an amusement park, a zoo, lakes, cinemas and an "Indian village" and housed Jackson from 1998 to 2005, when he moved out after police investigations into allegations of child molestation caused him to feel that Neverland Ranch had been "violated." According to the planners of the project, Shanghai's mini Neverland Ranch will have the same layout, and include a farm with an equestrian park as well as some Michael Jackson memorabilia. It is expected to cost around 100 million RMB. Source: Shanghai Daily more ›

As the global financial crisis hits rock bottom, especially in the US, the theme park industry is experiencing exceptionally hard times as visitor numbers plummet and projects as far off as the Middle East are put on hold. more ›