Shanghai is both the largest city in China and the country's financial center.Wcities: Shanghai Fun Facts Wcities: Shanghai Historical Background
History
Shanghai was a "sleepy fishing village" until 1842, when its location along the Yangtze River made it a crucial port during the Opium Wars.Wcities: Shanghai Historical Background
After the war, the French, British and Americans settled in Shanghai, which later established the city as a "cosmopolitan destination."Wcities: Shanghai Historical Background
Shanghai lost its place as China's economic center when the country fell under Mao Zedong's Communist rule in 1949. Reforms in the 1990s allowed the city to flourish again both economically and culturally.Wcities: Shanghai Historical Background