Mamma Mia Opens in Shanghai
The stage musical, Mamma Mia, based on Abba’s hit songs, premiered in Shanghai this week. The hit show, that first opened in London in 1999, is China’s first western musical.

Having played in more than 250 cities around the world in 14 different languages, it’s finally been translated into Mandarin. Chinese Abba fans aren’t the only ones who are ecstatic. The entertainment industry is looking at a whole new source of money-making – Chinese style.

According to the Financial Times, the state-owned China Arts and Entertainment Group – which is producing the show, and many western entertainment companies are falling all over each other to gain a foothold in Asia. With a population of more than 1.3 billion people, it’s the biggest game in town.

“Money, money, money,
always sunny,
in the rich man’s world.”

Money, Money, Money – Meryl Streep: