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Buy Shanghai!(City overview)

The New Yorker

| July 21, 2008 | Marx, Patricia | COPYRIGHT 2008 All rights reserved. Reproduced by permission of The Condé Nast Publications Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

New York may be the city that never sleeps, but Shanghai doesn't even sit down, and not just because there is no room. Things move fast in this town which is both new and old, Western and Eastern, Adidas and Adidos, Adadis, Admimas, Daiads, and Odidoss. Blink, and another lane lined with hundred-year-old shikumen--each a home to handfuls of families--is bulldozed. In its place, here comes a high-rise rising higher than the one put up yesterday, a clothesline and an illegal satellite dish poking out from each window (a twenty-eight-hundred-square-foot four-bedroom, four-bathroom rental at the luxurious Richgate: $8,572 a month). Shanghai has the world's fastest intra-city ...

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