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Word: shanghaiing (lookup in dictionary) (lookup stats)
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...Park Hyatt Shanghai is so tall that by the time your shirts have been sent from your room to the ground-level laundry and back, they've traveled a distance of nearly a kilometer. In fact, sheer altitude dominates almost every facet of this 492-m property. Dinners in the world's tallest restaurant, and drinks in the world's highest pub, are filled with breathless gawking at the cityscape below. A pair of huge 150-ton dampers - weights that absorb the motion of a swaying building - eliminate sloshing in the world's loftiest pool. The world's fastest elevators...

Author: /time Magazine | Title: The Shanghai High Life | 11/18/2009 | See Source »

...guest could conceivably request, from toothpaste to ketchup to adaptors, can be readily accessed by housekeeping staff. "You have to think of this as a vertical city," Sadones explains. "Once you come up to the top, you don't go down again. Everything must be precise." (See pictures of Shanghai...

Author: /time Magazine | Title: The Shanghai High Life | 11/18/2009 | See Source »

Things didn't always go like clockwork, though. The Shanghai World Financial Center, the 101-story building that houses the hotel, launched in 1997 and promptly stalled in the Asian financial crisis. A series of restarts and halts followed. Shanghai officials also fretted over the design, which called for a large circular hole to be cut through the top of the building to relieve the force of strong winds. The feature would too much resemble the rising sun of the Japanese flag, they argued. Architect David Malott concocted a trapezoidal cutout instead, giving the building a striking resemblance...

Author: /time Magazine | Title: The Shanghai High Life | 11/18/2009 | See Source »

...pictures in "A New Look at Old Shanghai...

Author: /time Magazine | Title: U.S.-China Trade: Prepare for Continued Imbalance | 11/17/2009 | See Source »

While newspapers in the U.S. are still filled with reports of foreclosures and ongoing declines in home prices, the headlines in China tell a different story. One local daily reports that in Shanghai on Oct. 30, more than 200 potential buyers crammed into the sales office of a new housing development, snapping up 120 of the 150 available apartments in just one night. Several weeks earlier in the central Chinese city of Wuhan, 300 people lined up to buy new apartments, some of them arriving two days before the sale. A picture in the local press showed eager customers...

Author: /time Magazine | Title: Bubble Trouble: Why Real Estate Is China's Biggest Headache | 11/16/2009 | See Source »

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