Tags: adventure  china  chinese  city  culture  landmark  shangai  shanghai  town  travel  
Channel: Travel & Events
Uploaded: December 31, 1969 at 6:59 pm
Author: rolandcas
Length: 03:45
Rating: N/A
Views: 136
Shanghai (Chinese: 上海) is the largest city in China in terms of population and one of the largest urban areas in the world, with over 20 million people in its extended metropolitan area. Located on China's central eastern coast at the mouth of the Yangtze River, the city is administered as a municipality with province-level status.Originally a fishing and textiles town, Shanghai grew to importance in the 19th century due to its favourable port location and as one of the cities opened to foreign trade by the 1842 Treaty of Nanking. The city flourished as a centre of commerce between east and west, and became a multinational hub of finance and business by the 1930s. However, Shanghai's prosperity ended after the 1949 Communist takeover and the subsequent cessation of foreign investment. After being allowed economic reforms in 1990, Shanghai is booming once more with intense development and financing, and in 2005 became the world's largest port.