August is shaping up to be American music month in Shanghai. Metallica, the legendary heavy metal band, has just wrapped up its long-awaited China debut with two packed shows at the city's Mercedes-Benz Arena. This weekend, Limp Bizkit headlines a two-day festival. Next week, Aerosmith plays a Shanghai soccer stadium followed by a concert by Pitbull, the Cuban-American rapper from Miami.
At a time when much of the world is mired in economic torpor, China still enjoys enviable growth rates. Yet there's no question that its economy is growing more slowly these days.
Just ask Yan Liwei, a salesman for a construction materials company, who was visiting a park in Shanghai this weekend.
"The number of new construction projects is declining somewhat. It's taking longer for many of our clients to pay us what they owe," Liwei says. "Many small and midsized developers are feeling a cash crunch."
Originally published on Tue August 13, 2013 8:56 am
<strong>Mom, I'm not so sure about this: </strong>An example of the photos of babies dressed as watermelons being shared by Chinese Internet users.
Babies come in pretty cute packaging — we're pretty sure it has something to do with Mother Nature wanting you to coo over a burping, pooping little freeloader. But now Chinese Internet users have found a way to one-up nature: They're wrapping those already adorable babes in watermelons.
Temperatures Wednesday in Shanghai hit an all-time high: 105.4 degrees, according to officials here. It was the hottest day in 140 years, since the government began keeping records.
The Chinese megacity is in the midst of its hottest summer ever.
Usually bustling streets are near empty at noon and thousands have gone to hospitals for relief. To get a feel for how people are handling the heat wave, I waded into a public pool in the city's Hankou district. By early afternoon, the temperature was 98 degrees in the shade, according to the thermometer I brought along.