From Theme Park Insider:
Is Universal Studios China on its way?
http://www.themeparkinsider.comWritten by Robert Niles
Published: January 4, 2014 at 7:20 AM
A Universal Studios theme park in Beijing appears one more step closer to happening, according to a Chinese report.
Blooloop found a report from Shanghai Securities News that officials from the National Development and Reform Commission in Tongzhou District in Beijing have filed an application to begin construction on the park in the fourth quarter of this year.
The project's budget is estimated at US$2 billion (RMB12 billion). Demolition is underway at the site, and the report says that construction would be completed by January 2018.