Shanghai (6do encyclopedia)230509



Shanghai is a bustling metropolis on the coast of eastern China. With a population of over 24 million people, it is China’s most populous city and a global leader in finance, transportation, and commerce. Shanghai’s history dates back to the 5th century AD, but it was not until the 19th century that it became a commercial powerhouse.

Today, Shanghai is a vibrant city that blends traditional Chinese culture with a modern, cosmopolitan vibe. Its soaring skyscrapers, world-class shopping, and international cuisine all draw millions of visitors each year. Let’s take a closer look at the city’s history, geography, economy, and culture.

Geography and Climate
Shanghai is located in eastern China, at the mouth of the Yangtze River Delta. It has a humid subtropical climate, which means it experiences hot, humid summers and chilly winters. July and August are the hottest months, with temperatures averaging around 33°C (91°F). January is the coldest month, with temperatures usually around 0°C (32°F). Shanghai receives an average of 1,200mm (47in) of rain each year, most of which falls between June and September.

Shanghai covers an area of approximately 6,340 square kilometers (2,448 square miles). It is divided into 16 districts and has a sprawling urban area that stretches out in all directions. The city is situated on the flat plain of the Yangtze River Delta, which is prone to flooding. In recent years, Shanghai has implemented a number of measures, including building seawalls and floodgates, to protect the city from rising water levels.

History
Shanghai’s history dates back over a thousand years, but it was not until the 19th century that it began to flourish as a commercial center. In the early 1800s, Shanghai was a small fishing village with a population of just a few thousand people. However, in 1842, the Treaty of Nanking was signed, which opened up Shanghai’s ports to foreign trade. This led to an influx of foreign powers, including the British, French, and Americans, who established concessions in the city.

During this time, Shanghai became a hub for international trade, with goods from all over the world passing through its ports. The city’s population exploded as people from all over China and beyond flocked to Shanghai in search of work and opportunity. By the 1920s, Shanghai had become a cosmopolitan city with a thriving nightlife, glamorous department stores, and bustling streets.

However, this golden age came to an abrupt end in 1949, when the Communist Party took control of China. The foreign concessions were dissolved, and Shanghai’s economy suffered as a result. It was not until the 1990s, when China began to open up to the world once again, that Shanghai began its transformation into the modern city it is today.

Economy
Today, Shanghai is one of the world’s leading economic and financial centers. It is home to the Shanghai Stock Exchange, which is one of the largest in the world by market capitalization. The city is also the headquarters of many Chinese and international companies, including Alibaba, Huawei, and General Electric.

Shanghai’s economy is heavily reliant on exports, with products such as electronics, textiles, and machinery being major contributors. The city’s location on the coast and its modern ports make it an ideal gateway for goods coming into and out of China.

Another important driver of Shanghai’s economy is the tourism industry. The city welcomes millions of visitors each year, who come to see attractions such as the Bund, the Jade Buddha Temple, and the Yuyuan Garden. The annual Shanghai International Film Festival and Shanghai Fashion Week also draw large crowds.

Culture
Shanghai is a melting pot of cultures, with influences from all over the world. Its architecture, food, and fashion are all rich in history and flavor.

One of the most iconic landmarks of Shanghai is the Bund, a mile-long stretch of colonial-era buildings along the Huangpu River. These stately buildings, which date back to the 1920s and 30s, were once home to banks, trading houses, and consulates. Today, they house luxury hotels, high-end restaurants, and offices.

Another popular destination in Shanghai is the Yuyuan Garden, a traditional Chinese garden that dates back to the 16th century. This peaceful oasis in the heart of the city features beautiful pavilions, ponds, and rock formations.

Shanghai’s food scene is a blend of traditional Chinese cuisine and international flavors. Street food is a big part of the local culture, with stalls selling everything from dumplings and steamed buns to grilled lamb skewers and stinky tofu. Seafood is a particular specialty, thanks to Shanghai’s location on the coast. Other local delicacies include xiaolongbao (soup dumplings) and hairy crab.

Conclusion
Shanghai is a dynamic and exciting city with a rich history, a thriving economy, and a diverse culture. Its global influence is felt in industries ranging from finance to fashion, and tourists flock to the city to experience its unique blend of tradition and modernity. As China continues to grow and evolve, Shanghai is sure to remain a vital and vibrant part of the country’s landscape.


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Canada will not be intimidated by China, says PM Trudeau

Reuters

23-05-09 13:28


Canada's Prime Minister, Justin Trudeau, has stated that his country will not be daunted by retaliation from China following the expulsion of a Canadian diplomat. Beijing has expelled the official in response to Ottawa's decision to expel a Chinese diplomat accused of involvement in foreign interference related allegations. Trudeau said that his government will continue to take whatever steps necessary to protect Canadians from foreign interference.

https://www.reuters.com/world/canada-will-not-be-intimidated-by-china-says-pm-trudeau-2023-05-09/
Capvision raids compound concern in China over consulting clampdown

South China Morning Post

23-05-09 13:03


Chinese authorities have raided Capvision Partners, a US-based multinational consultancy, for potential espionage threats in its rivalry with the US. National security and market regulation authorities questioned staff and searched its main offices in Shanghai, Beijing, Suzhou and Shenzhen. Once the CCTV programme was aired, the company made a statement saying that "national interests come first" and that it will implement the "vision of development under national security." Earlier this year, Bain & Co., another multinational consultancy, said that it was questioned by the Chinese authorities in Shanghai for national security grounds. Eric Zheng, president of the American Chamber of Commerce in Shanghai, said that "It would be helpful if the authorities would more clearly delineate the areas in which companies can or cannot conduct such due diligence. This would give foreign companies more confidence and enable them to comply with Chinese regulations."

https://www.scmp.com/news/china/politics/article/3219969/capvision-raids-compound-concern-china-over-consulting-clampdown
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South China Morning Post

23-05-09 13:02


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https://www.scmp.com/economy/china-economy/article/3219972/pets-holidays-what-gets-chinas-young-adults-spend-their-hard-earned-money-year
China expels Canadian diplomat in tit-for-tat move

Telegraph

23-05-09 12:20


China has expelled Canada's consul in Shanghai in response to Canada sending home Chinese diplomat Zhao Wei who was accused of intimidating a Canadian lawmaker critical of China. Beijing's foreign ministry said Jennifer Lynn Lalonde, who will leave China by 13 May, was "persona non grata" and warned that it "reserves the right to further react". The expulsions have worsened souring relations between China and Canada.

https://www.telegraph.co.uk/world-news/2023/05/09/china-canada-expel-diplomats-beijing-election-meddling/
China Makes Capvision First Public Target in Anti-Spy Push: Q&A

Bloomberg

23-05-09 11:48


Capvision has become Beijing's first official public target in its crackdown on foreign consulting firms operating in China's domestic market. The expert network is facing a level of scrutiny that the other companies affected are not, and it remains unclear why it has attracted this attention. Capvision says it has over 2,000 clients, mostly hedge funds, management consulting firms and multinational companies, including 90% of the top 20 venture capital and private equity firms in China. CCTV has accused the Shanghai-based firm of leaking state secrets, and officials have apparently complained of its lack of a compliance structure to handle national security risks.

https://www.bloomberg.com/news/articles/2023-05-09/china-makes-capvision-first-public-target-in-anti-spy-push-q-a?srnd=next-china