The Panorama Series published by the Foreign Language Press of Beijing, China, focuses on a province, municipality or autonomous region and examines it from a number of perspectives. Shanghai has a relatively short history - just 700 years - but in the last century, its transformation has been phenomenal. Once a regional city, Shanghai has become a fiercely globalised metropolis and epitomises the modern, rapidly changing China. This richly illustrated book featuring many archival and recent photographs traces the development and expansion of this fascinating city and its commerce over the last hundred years and explores the reasons for its success.