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Shanghai

Returning to Shanghai for an economics session at Fudan University, I'm glad to see Park 97 is still hip.
Today we had our final exam. One question, asked how Shanghai shows the economic development of China. Luckily I remembered a fitting discription from The Economist.

"Nowhere is China’s continuing transformation from Communist backwater to economic powerhouse more visible than in Shanghai. Twenty years ago, its streets were filled with workers in drab blue Mao suits, silently pushing identical black bicycles down derelict streets. Shops spread the few goods they stocked across bare shelves and there was so little to do that the city was asleep by early evening. Today, Shanghai is wide awake at every hour, seething with energy, noise and unbelievable traffic. Foreign labels in glittering shops entice China’s newly wealthy, while the skyline is dotted with futuristic skyscrapers. It is often the tourists who feel badly dressed."

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