Shanghai is a city near the mouth of the Yangtze River in China.
The city is the largest in the People's Republic of China, and the seventh
largest in the world, with an estimated 18,670,000 people living in the metropolitan area as
2004.
During the Republic of China erea, Shanghai became one of the world's leading financial centers,
however following the communist takeover in
1949, the city was
cut-off from the world economy and went into relative decline. However, in
1992, the Chinese
government authorized the market-orientated redevelopment of the city, and Shanghai now leads
China's economic growth, ahead of early starters such as
Guangzhou and Shenzhen.
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