Work on theme park postponed

AUTHORITIES in Shanghai have suspended work on a Universal Studios theme park as China slows down major building projects in an effort to cool off surging economic growth.

The city postponed work after an inspection team sent by China’s central government reviewed local development plans, said an official.

Work on an underwater tunnel that would have connected the city with Chongming Island, in the Yangtze River, and plans to build new subway lines were also postponed, said the official.

Universal executives earlier announced they had laid off two dozen people. They blamed administrative problems.