Last updated: February 14, 2011 12:16 pm

Making money from Shanghai’s colonial past

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How luxury hotels are giving Shanghai’s colonial-era architecture a new lease of life

For decades, Shanghai has happily buried its past in skyscrapers. But now the city has developed a new interest in its history.

State-owned companies, and the local governments that fund them, have spent billions of renminbi renovating some of the architectural gems of Shanghai’s colonial past -- and turning them into hotels.

Patti Waldmeir reports from Shanghai.

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