Faegre Baker Daniels has maintained an office in Shanghai since 2001. Our China practice team has extensive experience advising U.S. and European clients on entering the China business environment, as well as on investment, trade and commercial matters throughout the Greater China region.
Lawyers in our China practice regularly provide international structuring, documentation and negotiation assistance for transactions both inbound to and outbound from mainland China, Taiwan and Hong Kong.
With a population of more than 23 million, Shanghai is the largest and most developed city in China. Located in the Yangtze River Delta in eastern China, Shanghai sits at the mouth of the Yangtze River in the middle portion of the Chinese coast. The municipality borders Jiangsu and Zhejiang Provinces to the west, and is bounded to the east by the East China Sea.
Shanghai was the largest and most prosperous city in the Far East already during the 1930's. Following rapid development over the last two decades it has become a global city, with influence in commerce, culture, finance, media, fashion, technology and transport. It is a major financial center and the busiest container port in the world
Shanghai is a fascinating mix of East and West. European-style cityscapes and tempting, tree-lined neighborhoods vie for attention with the ultramodern skyline of Pudong. The city has historic houses that blend Chinese architectural styles with European design flair, and it has one of the richest collections of Art Deco buildings in the world. As there were so many concessions (designated districts) to Western powers during the turn of the 20th century, in many places the city has a cosmopolitan feel. There is everything from classic Parisian style to Tudor-style buildings that give an English flair and 1930s buildings reminiscent of New York or Chicago.
But tucked between the shopping malls and the arresting modern architecture is the old Shanghai, where temples nestle down alleys, along with street markets and classical Chinese gardens. Shanghai is a city of stunning contrasts, where visitors can go from sipping a cocktail in a designer bar overlooking the Bund, to eating dumplings at a street stall, or gazing at a 10th-century Buddhist monastery, in the space of a few hours.