The fine folks over at MonstersAndCritics.com are reporting that:
The Hong Kong-based South China Morning Post reported Tuesday that
Beijing’s Development and Reform Commission had submitted a plan for
the theme park to be located in the National New Media Base in the
southern Daxing district of Beijing.
Disney is denying it. Saying that they’re still talking to Shanghai:
However, the Walt Disney Company issued a statement denying the report. The company said it was still in talks with Shanghai authorities on building a park there, but no agreement had as yet been reached.
While Beijing would be a better match Geographically (much farther from Hong Kong than Shanghai), the weather would be nicer in Shanghai.